Property profile

102 Main St Keene, NH 03431

OFF-MARKET
Commercial real estate
Property ID
US58-0629727
11,216 SF 0.38 ac lot Built 1930
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction FRAME
Total area 11,216 SF
Lot 0.38 ac (16,553 SF)
Zoning code DT-C
APN KEEN M:575 L:60
UPID US58-0629727

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

102 Main St Keene, NH 03431-3736
Keene metro Census 971100 KEENE, NH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2024
Last sale
$1.1M
1 recorded transaction
2024
$1.1M

Zoning & alternative use

DT-C · Keene, NH
Zoning description

Keene, NH Land Development Code | November 2025 Zoning Regulations | 4-1 4.1 GENERAL ..............................................................4-2 4.2 DOWNTOWN CORE (DT-C) .............................4-6 4.3 DOWNTOW…

General category MIXED_USE

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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