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Multi-Suite Office Building
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230 Amherst Street, Nashua, NH 03063

Office configurations range from single rooms to connected suites, with shared conference and reception areas.

Property Size10,636 SF
Price / SF$0.04
Days on Market91

Property Features for 230 Amherst Street

General Information

Standard status Active
Size 10,636 SF
Property subtype Commercial

Building Details

Year Built 1990
Listing Agency: BHHS Verani Londonderry
Listed By: Scott Reiff · License #Scott Reiff
Source: Longviewcre
Added: Aug 3 Changed: Oct 28 Last Checked: Oct 28 at 3:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Verani Londonderry

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Investment Insights

Based on property information with market context.

The 10,636-square-foot office property contains suites ranging from individual rooms to connected, multi-room configurations. Available unit examples include a first-floor room with a window and a second-floor suite with multiple windows and vaulted ceilings. Interior finishes include carpet, with new carpet in the second-floor example. Central heat and air conditioning serve the building, and some rooms may be furnished with standard office furniture.

Shared features include conference rooms, a waiting and reception area, a kitchenette, multiple restrooms, and Wi-Fi. Utilities are included. Each unit has a locked mailbox and commercial address; tenant building signage is available, as are street-sign options. The property at 230 Amherst Street in Nashua has coded entry for 24-hour access and parking. First-floor units can be reached without stairs through the front entrance or an accessible ramp. The building dates to 1990.

Key Highlights

  • 10,636‑square‑foot office property with individual and connected multi‑room suites
  • Shared conference rooms, reception area, kitchenette, multiple restrooms, and Wi‑Fi
  • Central heat and air conditioning; utilities included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$186,734
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,734,680 $3.7M
Cap Rate 7%
$2,667,629 $2.7M
Cap Rate 9%
$2,074,822 $2.1M
Market Conditions
NOI Build-Up for 10,636 SF
Gross rent
$287.2K $27.00/SF
− Vacancy
−$38.2K −$3.59/SF
EGI
$249.0K $23.41/SF
− OpEx
−$62.2K −$5.85/SF
NOI
$186.7K $17.56/SF
Area
Hillsborough County, NH
Vacancy
13.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,734,680
Cap Rate 7%
$2,667,629
Cap Rate 9%
$2,074,822

Alternative Uses

Best Use
Office B
$2.67M
$2.33M – $3.11M (±1% cap)
NOI $186,734 @ 7.0% cap · market cap 42,927.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.49M
$17.05M – $22.73M (±1% cap)
NOI $1,364,067 @ 7.0% cap · market cap 313,578.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

BAYADA Home Health Home Health Care Service Bloom Innovations - Healthy ... Training Center Fortitude CPA PLLC Accounting Firm JJ AUTO SALES ... Car Dealership Dynamic Introductions Employment Agency

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

Demographics for 03063, NH

16,036
Population
6,746
Households
2.4
Avg Household Size
43
Median Age
45%
College-Educated
95%
High-School Grad
8.1 sq mi
ZIP Area
1,980
Density / Sq Mi
$106,924
Median Household Income
$67,067
Median Earnings
$1,820
Median Rent
$371,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office configurations range from single rooms to connected suites, with shared conference and reception areas.
Where is this office unit located?
The property is located at 230 Amherst Street Nashua, NH.
What are key features of this property?
This property features: 10,636‑square‑foot office property with individual and connected multi‑room suites; Shared conference rooms, reception area, kitchenette, multiple restrooms, and Wi‑Fi; Central heat and air conditioning; utilities included
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