Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Three Multifamily Properties Portfolio Title is generated by Realmo AI

    243 - 247 Main St, Nashua, NH 03060

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Portfolio of three multifamily properties for sale in Nashua, NH.

    Type:Multifamily
    Added:
    Mar 3, 2026
    Days on Market:
    74
    Last Refresh:
    Mar 16 at 2:01 pm

    Property Features for 243 - 247 Main St

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Chris Norwood

    Listing agent Chris Norwood License #NH 053237

    Listing office NAI Norwood Group New Hampshire

    Listing date Mar 3, 2026

    Source Crexi

    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 NAI Norwood Group New Hampshire

    HighLights

    • Portfolio of 3 properties for sale
    • Located on Main Street, Nashua, NH
    • Includes properties at 243‑247 Main Street
    • Includes properties at 235‑241 Main Street
    • Includes properties at 4‑10 West Hollis St
    • Properties built in 1900

    Overview

    A portfolio of three properties is available for sale. The properties are located at 243-247 Main Street, 4-10 West Hollis St, and 235-241 Main Street in Nashua, NH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exosomes BHRT Sermorelin ... Health Counselor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4642288
    Latitude
    42.7574656

    Nearby Similar for Sale

    • $575,000

      Two-Story Office Building in Nashua

      Well-maintained office building in Nashua's Downtown Mixed Use district.
      35 E Pearl Street, Nashua, NH 03060
      View Details
    • $400,000
      2,829 SF

      Nashua Multi-Family Investment Opportunity

      Side-by-side townhome style 2-family property with rehab potential.
      23 Harvard Street, Nashua, NH 03060
      View Details
    • $329,000

      Established Restaurant Franchise Opportunity

      Turnkey fast-casual restaurant franchise for sale in southern NH.
      one Fast Food Restaurant Lane, Nashua, NH 03060
      View Details
    • $675,000
      2,795 SF

      Well-Maintained Three-Family Property

      Three-family property with separate utilities, ideal for investors.
      22 Beech Street, Nashua, NH 03060
      View Details
    • $575,000
      2,500 SF

      Two-Story Office Building in Nashua

      Well-maintained 2,500 SF office building in Nashua's Downtown.
      35 East Pearl Street, Nashua, NH 03060
      View Details
    • $729,810

      Iconic Nashua Garden Opportunity

      Former deli-bar-club in downtown Nashua for sale.
      121 Main Street, Nashua, NH 03060
      View Details
    • $415,000
      2,024 SF

      Downtown Nashua Two-Family Property

      Two-unit property in historic downtown Nashua, close to amenities.
      14 Pleasant Street, Nashua, NH 03060
      View Details
    • $729,810
      5,706 SF

      Downtown Restaurant Opportunity Zone Location

      Three-story restaurant building with equipment and furnishings included.
      121 Main St, Nashua, NH 03060
      View Details
    • $203,000

      Dental Office Condo For Sale

      Dental office condo with equipment, furnishings, and specialized infrastructure.
      3-H Taggart Dr 10, Nashua, NH 03060
      View Details
    • $2,952,493
      17 SF

      Downtown Nashua Retail and Office

      Two buildings with retail and office space in downtown Nashua.
      211 Main St, Nashua, NH 03060
      View Details
    • $349,900
      2,750 SF

      Updated Office Space in Nashua

      Turnkey office space in a thriving medical hub.
      29 Riverside St # C, Nashua, NH 03062
      View Details
    • $2,900,000
      14,742 SF

      Corporate Facility in Premier Location

      14,742 SF corporate facility in Nashua's office corridor.
      1800 Southwood Dr, Nashua, NH 03063
      View Details

    FAQs

    What type of property is this?
    Apartment building - Portfolio of three multifamily properties for sale in Nashua, NH.
    Where is this apartment building located?
    The property is located at 243 - 247 Main St Nashua, NH.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Portfolio of 3 properties for sale; Located on Main Street, Nashua, NH; Includes properties at **243‑247 Main Street**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Norwood
    Real Estate License ID: NH 053237
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    243 - 247 Main St, Nashua, NH 03060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!