Downtown Main Street Retail
46 Main Street Durham, NH 03824
For Sale
$2,200,000
Pending
Two fully occupied buildings totaling 6,452± SF with 90± Main Street frontage and 10 on-site parking spaces.
Property Size6,452 SF
Lot Size0.27 Acres
Days on Market477
Property Features for 46 Main Street
General Information
- Standard status
- Pending
- Size
- 6,452 SF
- Lot size
- 0.27 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing Agency:
Colliers International
(724) 553-8720
Listed By:
Abby Bachman
(724) 553-8720
Source:
Exitrealty
Added: Apr 4, 2025
Changed: Jul 23
Last Checked: Jul 23 at 7:04AM
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 Colliers International
Investment Insights
Based on property information with market context.
44 & 46 Main Street is comprised of two fully occupied buildings totaling 6,452± SF on 0.27± acres in the heart of downtown Durham, NH. 44 Main Street includes 4,648± SF and was constructed in 1940, while 46 Main Street offers 1,804± SF and was constructed in 1930. The property provides 90± of frontage on Main Street and includes 10 on-site parking spaces, a practical downtown amenity.
Convenient access is available to Route 4 (1± mile). The property is also positioned within 5.9± miles of downtown Dover, 11± miles of downtown Portsmouth, and within 60 minutes of Boston, Portland, and the White Mountains.
For investors, the site can be approached as a continuing income-producing asset with the existing buildings or considered for redevelopment to change the site’s configuration over time.
Convenient access is available to Route 4 (1± mile). The property is also positioned within 5.9± miles of downtown Dover, 11± miles of downtown Portsmouth, and within 60 minutes of Boston, Portland, and the White Mountains.
For investors, the site can be approached as a continuing income-producing asset with the existing buildings or considered for redevelopment to change the site’s configuration over time.
Key Highlights
- Two fully occupied downtown Durham, NH buildings totaling 6,452± SF on 0.27± acres
- 44 Main Street: 4,648± SF built in 1940
- 46 Main Street: 1,804± SF built in 1930
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 | $116.1k | $18.00 |
| − Vacancy | −$4.4k | −$0.68 |
| EGI | $111.7k | $17.32 |
| − OpEx | −$33.5k | −$5.19 |
| NOI | $78.2k | $12.12 |
6,452 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$977.6K – $1.30M
NOI $78,206 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,828 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Two fully occupied buildings totaling 6,452± SF with 90± Main Street frontage and 10 on-site parking spaces.
Where is this storefront property located?
The property is located at 46 Main Street Durham, NH.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two fully occupied downtown Durham, NH buildings totaling 6,452± SF on 0.27± acres; 44 Main Street: 4,648± SF built in 1940; 46 Main Street: 1,804± SF built in 1930
