245-247 Main St, Nashua, NH 03060
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.