102 Main St, Keene, NH 03431-3736
This exceptional investment opportunity presents a meticulously maintained, two-story mixed-use building situated at 102 Main Street in the heart of Keene, New Hampshire. The property boasts 11,216 square feet of net rentable space, spread across two stories, and features a desirable RT-C zoning designation. Built in 1930, the building offers a blend of historical charm and modern functionality, including an elevator, high ceilings, front and rear entrances, and an open-concept layout with defined office spaces. The property includes a substantial on-site parking lot with 21 spaces, supplemented by additional public parking nearby. Currently occupied by a single tenant since 2016, the property benefits from a new three-year lease extension, extending occupancy to 2027, with a further three-year option available. The modified gross lease provides excellent rental income, making this a truly turnkey operation. The asking price is $1,150,000, representing a compelling 7.20% cap rate. The 0.38-acre lot and the building's prime location on Main Street contribute significantly to its investment appeal. The property's financial details and lease information are available upon execution of a non-disclosure agreement. Showings are preferred after normal business hours, with 24 hours' notice required. Please note that only the real estate is for sale
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
DT-C · Keene, NHKeene. Always verify with local authorities before improvements.
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.