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4 Belknap Street, Nashua, NH, 03060
Industrial Building with Auto Body Tenants

4 Belknap Street Nashua, NH 03060

For Sale
Contact for pricing

Fully leased industrial building with two auto body shop tenants and separate garage bays with 12-foot height doors.

Property Size6,000 SF
Price / SF$166.67
Days on Market8

Property Features for 4 Belknap Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail, Industrial

Building Details

Year Built 1942
Listing Agency: The Dow Group / KW
Listed By: Adam Dow · License #NH 056660
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 29 at 9:35PM

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 The Dow Group / KW

Investment Insights

Based on property information with market context.

This fully leased industrial building totals about 6,000± SF and is set up for automotive repair operations. Two long-term auto body shop tenants operate in separate areas, each with its own garage bay equipped with 12-foot height doors, along with office space and restrooms. A down draft spray booth is included in the building.

Built in 1942, the property supports a focused tenant use with dedicated functional space for day-to-day shop operations, including vehicle access through the overhead doors and on-site work areas.

The combination of two established, separate auto body tenants and dedicated shop components makes the building well-suited for buyers looking for an owner-occupied or multi-tenant automotive-focused industrial asset.

Key Highlights

  • Fully leased industrial building totaling 6,000± SF
  • Two long‑term auto body shop tenants
  • Each tenant has a separate garage bay with 12‑foot height doors

Financial Insights For Retail

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 $129.6k $21.60
− Vacancy −$9.7k −$1.62
EGI $119.9k $19.98
− OpEx −$36.0k −$5.99
NOI $83.9k $13.99
6,000 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,916 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$734.8K
$643.0K – $857.3K (±1% cap)
NOI $51,438 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$10.99M
$9.62M – $12.83M (±1% cap)
NOI $769,500 @ 7.0% cap · market cap 76.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Radical Auto Body ... Auto Repair Shop

Suggested Use

Top Pick Garden Center Tech Support Center Veterinary Clinic (Bike/Boat/Book/etc) Store Florist Butcher

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Manufacturing property - Fully leased industrial building with two auto body shop tenants and separate garage bays with 12-foot height doors.
Where is this manufacturing property located?
The property is located at 4 Belknap Street Nashua, NH.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully leased industrial building totaling 6,000± SF; Two long‑term auto body shop tenants; Each tenant has a separate garage bay with 12‑foot height doors
More about this property
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