Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Restaurant Bar Event Space Title is generated by Realmo AI

    53 High Street, Nashua, NH 03060

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Nashua, NH

    Property size:
    9,000 SF
    Lot size:
    0.76 Acres
    Added:
    Nov 30, 2025
    Days on Market:
    185
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 53 High Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    D1MU
    Standard status
    Active
    Lot size
    0.76 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1962

    We can help!

    Listing Contact
    Bob James

    Listing agent Bob James

    Listing office Keller Williams Gateway Realty 20 Trafalgar Square, Nashua, NH

    Listing date Nov 30, 2025

    MLS# 5070869

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 9,000 SF former restaurant/bar/club space available in downtown Nashua
    • Includes a 25‑seat central bar
    • Kitchen area plus multiple restrooms
    • Large open floorplan with high ceilings
    • Public water source

    Overview

    This property is a former restaurant/bar/club space offering a large open floorplan with high ceilings. The space includes a dedicated kitchen area, a 25-seat central bar, and multiple restrooms, creating a flexible setup for an operator looking to support both service and programming. The overall configuration is suited to concepts that need room for an open dining or gathering layout while maintaining on-site food service capacity.

    Located at 53 High Street in Downtown Nashua, the property is listed under zoning D1MU. With its downtown setting, the location is positioned for businesses that want to serve a walkable, street-level customer base.

    For tenants and operators, the combination of a central bar, commercial kitchen area, and multiple restroom facilities can support a range of hospitality and entertainment uses. The open event-friendly floorplan also fits programming that benefits from adaptable seating and clear sightlines, such as restaurant and bar operations as well as multi-use gathering concepts.
    Property Profile Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm The River Casino & Sports ... Hotel & Motel

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Kinsley House Of Pizza — 118 Kinsley St, Nashua, NH 03060
    • 603 Lounge — 14 W Hollis St, Nashua, NH 03060
    • Root Awakening Kava Bar — 300 Main St unit 603, Nashua, NH 03060
    • 809 Lounge & Mexican Grill — 43 W Hollis St, Nashua, NH 03060
    • Tropical Point Restaurant & Bar — 58 W Hollis St, Nashua, NH 03060

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4676563
    Latitude
    42.7604949

    Nearby Similar for Lease

    • $16 SF/Yr
      1,080 SF

      Downtown Nashua Office Suites

      Professional office suites in downtown Nashua available for lease.
      1 Elm Street, Nashua, NH 03060
      View Details
    • Contact for pricing

      Nashua Commercial Space For Lease

      Office space available in Nashua, NH with flexible zoning.
      113 West Pearl Street, Nashua, NH 03060
      View Details
    • $16 SF/Yr
      3,000 SF

      Downtown Nashua Professional Office Suites

      Flexible office suites in downtown Nashua, suitable for various businesses.
      1 Elm Street #303, Nashua, NH 03060
      View Details
    • Sponsored
      $129-$5,154/Mo
      11-1,292 SF

      One Tara Boulevard

      1 Tara Blvd, Unit 200, Nashua, NH 03062
      View Details
    • $20 SF/Yr
      9,000 SF

      Downtown Nashua Former Restaurant Space

      Versatile 9,000 SF restaurant/bar/club space in Downtown Nashua.
      53 High St 53, Nashua, NH 03060
      View Details
    • Contact for pricing

      Retail/Commercial Space Near Highway

      Retail/commercial space with highway access in Nashua, NH.
      9 Simon Street, Nashua, NH 03060
      View Details
    • $650/Mo

      Flexible Commercial Space Available

      Affordable office suites with included utilities and amenities.
      230 Amherst St 216, Nashua, NH 03063
      View Details
    • $35 SF/Yr
      12,866 SF

      Office Space in Nashua, NH

      Office space for lease near downtown Nashua, NH.
      2 Cellu Dr, Nashua, NH 03063
      View Details
    • $20 SF/Yr
      9,000 SF

      Downtown Nashua Former Restaurant Space

      9,000 SF former restaurant/bar/club space in Downtown Nashua.
      53-55 High St, Nashua, NH
      View Details
    • $392/Mo

      Nashua Executive Office Suite

      Private office suites with included utilities and amenities.
      15 Tanguay Ave Unit 112, Nashua, NH 03063
      View Details
    • Contact for pricing

      Professional Office Suites with Key Fob Access

      Secure third-floor office suites offer flexible leasing and built-in comfort with an economical gross lease structure.
      1 Elm Street, Nashua, NH 03060
      View Details
    • $14 SF/Yr
      9,000 SF

      Industrial Space Near Everett Turnpike

      Multi-tenant industrial building with 9,000 SF available for lease.
      4 Townsend W, Nashua, NH
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Former restaurant/bar/club space with a 25-seat bar, dedicated kitchen area, and multiple restrooms on High Street.
    Where is this bar & pub located?
    The property is located at 53 High Street Nashua, NH.
    What are key features of this property?
    This property features: Approximately 9,000 SF former restaurant/bar/club space available in downtown Nashua; Includes a 25‑seat central bar; Kitchen area plus multiple restrooms
    (603) 883-8400
    We can help!
    Listing Contact
    Bob James
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    53 High Street, Nashua, NH 03060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!