106 Hollis St Nashua, NH 03060
- Retail properties
- 1,705 SF
- 0.08 lot acres
Current Use by Public Records
- Bitcoin ATM Nashua - Coinhub / Atm / Currency Exchange Service
- A-1 Mart / Lottery Shop / Smoke Shop
Property Details for 106 Hollis St
- Year built
- 1948
- Construction
- CONCRETE
- Lot size
- 0.08 lot acres
- Property size
- 1,705 SF
- Zone code
- RC
- Property type
- Retail properties
- APN
- NASH M:86 L:00033
- APU
- NASHM86L00033
Description
This exceptional free-standing building at 106 West Hollis Street in Nashua, NH, presents a unique opportunity for a variety of businesses. Boasting 2,610 square feet on a 0.08-acre lot, this property is ideally situated in a high-traffic downtown area, surrounded by residential properties within the RC zone. Currently configured as a convenience store, the building's adaptability makes it perfect for retail or office use. The main floor offers a spacious, open retail area easily divisible into two separate units, each with its own entrance. Additional first-floor features include a stockroom and restroom. The lower level provides five versatile rooms suitable for offices or storage, along with essential electrical and mechanical rooms. The building is equipped with oil-fired hot air heat, central air conditioning, and a wet sprinkler system for safety and comfort. Convenient off-street parking is available for 5-6 vehicles in the rear and side of the building, supplemented by a small storage shed. The asking price is $299,000. The seller is open to negotiating a Net Net Net (NNN) lease, and the existing furniture, fixtures, and equipment are also negotiable. Prospective buyers are encouraged to conduct their own due diligence.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $300,000
- ML approach
- $300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $395,000
- 6.5%
- $365,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $314,000
Market price range: $272k - $439k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $310,000 Current use
- AUTO REPAIR, GARAGE
- $300,000 Change: -3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $275,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4736
- Latitude
- 42.7549
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA