Main Street Commercial
47 Main St Ashland, NH 03217
For Sale
$365,000
In-town commercial building with excellent visibility and off-street parking.
Property Size1,650 SF
Price / SF$221.21
Days on Market93
Property Features for 47 Main St
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
keller williams coastal realty
(603) 348-1831
Listed By:
Samantha Catterall
(603) 348-1831
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 27 at 11:04AM
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 keller williams coastal realty
Investment Insights
Based on property information with market context.
This 1,650± sq ft commercial building is located on Main Street in Ashland. The property offers visibility and flexibility for various business ventures, including retail, service, office, studio, or creative use. Large front display windows provide street presence and merchandising potential. Off-street parking is available, with additional street parking. The property is serviced by public water and sewer. A lower-level basement is suitable for storage and includes a half bath and a cooler, with a second cooler on the main level. The property is positioned in a high-traffic area.
Key Highlights
- Prime Main Street location in the heart of Ashland with high visibility and traffic.
- Off‑street parking, a major convenience in an in‑town location, plus additional street parking.
- Flexible 1,650± sq ft space suitable for retail, service, office, studio, or creative use.
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 | $26.7k | $16.20 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $25.1k | $15.23 |
| − OpEx | −$7.5k | −$4.57 |
| NOI | $17.6k | $10.66 |
1,650 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$251.3K
$219.9K – $293.1K
NOI $17,588 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,407 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- The Fuchsia Peony — 47 Main St, Ashland, NH 03217
Frequently Asked Questions
What type of property is this?
Storefront property - In-town commercial building with excellent visibility and off-street parking.
Where is this storefront property located?
The property is located at 47 Main St Ashland, NH.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Prime Main Street location in the heart of Ashland with high visibility and traffic.; Off‑street parking, a major convenience in an in‑town location, plus additional street parking.; Flexible 1,650± sq ft space suitable for retail, service, office, studio, or creative use.
