Two-Story Colonial Office
479 Nashua Street, Milford, NH 03055
For Sale
New
$499,000
A flexible interior combines private offices, collaborative workspace, meeting space, and on-site parking.
Property Size2,148 SF
Price / SF$232.31
Days on Market7
Property Features for 479 Nashua Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
reception area
private offices
conference room
open work area
copy/print room
kitchen/break room
restrooms
basement
attic
Building Details
Year Built
Buildings
Stories
Units
Construction
Listing Agency:
Proctor & Greene Real Estate
Listed By:
Alyssum Proctor-Russell
(603) 673-7314
Source:
Appleisland
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 7 at 5:37PM
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 Proctor & Greene Real Estate
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Investment Insights
Based on property information with market context.
Built in 1900, this two-story Colonial office building contains 2,148 SF and sits on a corner lot at 479 Nashua Street. The interior includes a reception area, private offices, a conference room, open work area, copy and print room, kitchen and break room, and two restrooms. Basement and attic areas provide storage, with potential for expansion. The property is zoned LC, and a new roof was installed in October 2026.
A large paved parking lot provides on-site parking. The building has accommodated professional office and salon and spa uses.
A large paved parking lot provides on-site parking. The building has accommodated professional office and salon and spa uses.
Key Highlights
- 2,148 SF office building in a two‑story Colonial
- Corner lot at 479 Nashua Street in Milford, NH
- Reception, private offices, conference room, and open work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,712
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,240
$754.2K
Cap Rate 7%
$538,743
$538.7K
Cap Rate 9%
$419,022
$419.0K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$58.0K $27.00/SF
− Vacancy
−$7.7K −$3.59/SF
EGI
$50.3K $23.41/SF
− OpEx
−$12.6K −$5.85/SF
NOI
$37.7K $17.56/SF
Area
Hillsborough County, NH
Vacancy
13.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,240
Cap Rate 7%
$538,743
Cap Rate 9%
$419,022
Alternative Uses
Best Use
Office B
$538.7K
$471.4K – $628.5K
NOI $37,712 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.94M
$3.44M – $4.59M
NOI $275,481 @ 7.0% cap · market cap 55.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 03055, NH
16,120
Population
6,692
Households
2.4
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
635
Density / Sq Mi
$94,514
Median Household Income
$52,979
Median Earnings
$1,569
Median Rent
$363,500
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Hillsborough County, NH
Properties on Market for Office buildings in Hillsborough County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A flexible interior combines private offices, collaborative workspace, meeting space, and on-site parking.
Where is this office building located?
The property is located at 479 Nashua Street Milford, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,148 SF office building in a two‑story Colonial; Corner lot at 479 Nashua Street in Milford, NH; Reception, private offices, conference room, and open work area
