Property profile

245-247 Main St Nashua, NH 03060

OFF-MARKET
Retail properties & Spaces
29,104 SF Built 1900
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Property summary

AI-generated overview

This exceptional commercial property, located at 245-247 Main Street in the heart of downtown Nashua, New Hampshire, presents a unique investment opportunity. The building, constructed in 1900, boasts a total of 29,104 square feet across four stories and is situated in the Downtown 1/Mixed Use Zone. Currently, 8,330 square feet of space is immediately available for lease. The property's versatile layout, previously used as a restaurant, bar, nightclub, and retail store, offers significant flexibility for a variety of businesses. All interior walls have been removed, creating a wide-open space from front to back, ideal for customization. The building is divisible, allowing for tailored spaces to suit specific tenant needs. Surface parking is available, a valuable asset in a bustling downtown area. This prime location near City Hall provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location in a thriving urban center. The property's Hillsborough County address and 03060 zip code further solidify its strategic position within Nashua's commercial landscape. This is a rare chance to acquire a substantial space in a highly desirable downtown location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 29,104 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

245-247 Main St Nashua, NH 03060
Nashua metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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