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Two-Story Office Building in Nashua

35 East Pearl Street Nashua, NH 03060

Claim this Listing
For Sale
$575,000

Well-maintained 2,500 SF office building in Nashua's Downtown.

Type:OFC, OFC-BLDG
Property size:
2,500 SF
Lot size:
0.09 Acres
Price / SF:
$230/SF
Added:
Mar 27, 2026
Days on Market:
107
Last Refresh:
Jun 28 at 9:18 pm

Property Features for 35 East Pearl Street

General Information

Standard status
Active
Size
2,500 SF
Lot size
0.09 Acres
Property subtype
OFC, OFC-BLDG

Building Details

Year Built
1900

Listing office Keller Williams Realty-Metropolitan

Listing date Mar 27, 2026

Source Realnex

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 Keller Williams Realty-Metropolitan


Investment Insights

Based on property information with market context.

Located in Nashua’s Downtown Mixed Use (DMU) district, 35 East Pearl Street is a well-maintained, two-story office building totaling approximately 2,500 square feet. The property will be delivered vacant, offering immediate opportunity for an owner-user or investor. Strategically positioned in downtown Nashua, the property is within walking distance to the courthouse, municipal offices, and Main Street amenities, providing strong accessibility for professional office users. The location also benefits from convenient access to public transportation, including local bus routes, commuter rail connections in nearby communities, and regional access to Manchester-Boston Regional Airport and Boston Logan International Airport. The building has been consistently updated and maintained with recent improvements including new flooring, windows, HVAC systems, exterior painting and hot water tank. The roof was replaced approximately ten years ago. Situated on a 0.088-acre lot, the property includes on-site parking, additional leased parking nearby, and convenient on-street metered parking. The DMU zoning allows for a range of permitted uses, offering flexibility for office, mixed-use, or potential residential conversion, subject to municipal approvals. Single or Multi-tenant option.

Key Highlights

  • Vacant Possession: Immediate opportunity awaits owner‑users or investors.
  • Prime Downtown Location: Enjoy the convenience of being within walking distance to the courthouse, municipal offices, and Main Street amenities.
  • Flexible DMU Zoning: Explore possibilities with zoning that allows for office, mixed‑use, or even potential residential conversion (subject to approvals).

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.5k $27.00
− Vacancy −$9.0k −$3.59
EGI $58.5k $23.41
− OpEx −$14.6k −$5.85
NOI $43.9k $17.56
2,500 SF · lease $27.00/SF/yr · vacancy 13.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$627.0K
$548.7K – $731.5K (±1% cap)
NOI $43,892 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.58M
$4.01M – $5.34M (±1% cap)
NOI $320,625 @ 7.0% cap · market cap 55.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Artificial Turf Factory ... Big Box & Wholesale Store Shanelaris Schirch & Warburton ... Law Firm Shanelaris & Schirch PLLC: ... Law Firm Law Office of Meridith ... Law Firm

Suggested Use

Catering Service (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Butcher Locksmith Garden Center Carpet & Flooring Store Fish Market Pet Grooming Service

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

FAQs

What type of property is this?
Office building - Well-maintained 2,500 SF office building in Nashua's Downtown.
Where is this office building located?
The property is located at 35 East Pearl Street Nashua, NH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Vacant Possession: Immediate opportunity awaits owner‑users or investors.; Prime Downtown Location: Enjoy the convenience of being within walking distance to the courthouse, municipal offices, and Main Street amenities.; Flexible DMU Zoning: Explore possibilities with zoning that allows for office, mixed‑use, or even potential residential conversion (subject to approvals).
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