Freestanding Pharmacy Convenience
6 Ash St Hollis, NH 03049
For Sale
Contact for pricing
Freestanding retail building with lower-level storage, plus two leased residential apartments and on-site surface parking.
Property Size5,712 SF
Price / SF$210.08
Days on Market61
Property Features for 6 Ash St
General Information
- Standard status
- Active
- Size
- 5,712 SF
- Property subtype
- RETAIL
Listing Agency:
William & Reeves LLC
(603) 315-0808
Listed By:
Deane Navaroli
(603) 315-0808
Source:
Moodyscre
Added: May 25
Changed: Jul 23
Last Checked: Jul 23 at 7:46AM
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 William & Reeves LLC
Investment Insights
Based on property information with market context.
Freestanding pharmacy/convenience store property newly available in the town of Hollis. The building includes approximately 5,712± square feet of retail space with additional lower-level storage, offering flexibility for a range of retail, service, office, or mixed-use configurations. The property also includes two leased residential apartments, providing additional income alongside the commercial space.
Located on a prominent corner in historic downtown Hollis, the site is positioned for strong storefront presence. The property benefits from a large dedicated on-site surface parking lot designed to support customers, tenants, and employees.
Overall, the asset combines street-level retail with supplemental storage and residential units under one ownership, creating multiple income streams in a village-center setting.
Located on a prominent corner in historic downtown Hollis, the site is positioned for strong storefront presence. The property benefits from a large dedicated on-site surface parking lot designed to support customers, tenants, and employees.
Overall, the asset combines street-level retail with supplemental storage and residential units under one ownership, creating multiple income streams in a village-center setting.
Key Highlights
- Freestanding pharmacy/convenience store building in the heart of historic downtown Hollis
- Approximately 5,712± SF of retail space with additional lower‑level storage
- Includes two leased residential apartments, adding income alongside the commercial space
Financial Insights For Multifamily LT 5
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 | $126.8k | $22.20 |
| − Vacancy | −$7.0k | −$1.22 |
| EGI | $119.8k | $20.98 |
| − OpEx | −$35.9k | −$6.29 |
| NOI | $83.9k | $14.69 |
5,712 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$10.47M
$9.16M – $12.21M
NOI $732,564 @ 7.0% cap · market cap 61.05%
Second Best
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,882 @ 7.0% cap · market cap 6.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
HOLLIS PHARMACY
Pharmacy
Rosalie Philbrick
Pharmacy
Similar Off Market Nearby
- HOLLIS PHARMACY — 6 ash st, hollis, nh 03049
- Rosalie Philbrick — 6 Ash St, Hollis, NH 030496548
FAQs
What type of property is this?
Drug store - Freestanding retail building with lower-level storage, plus two leased residential apartments and on-site surface parking.
Where is this drug store located?
The property is located at 6 Ash St Hollis, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Freestanding pharmacy/convenience store building in the heart of historic downtown Hollis; Approximately 5,712± SF of retail space with additional lower‑level storage; Includes two leased residential apartments, adding income alongside the commercial space
