19 Pleasant St Claremont, NH 03743-2606
This exceptional 30,000 square foot commercial property located at 19 Pleasant Street in Claremont, NH presents a unique investment opportunity. Situated in the heart of downtown Claremont, this building boasts a strong structural foundation, making it a standout in this burgeoning commercial area. Historically used as a mix of retail space, offices, and apartments, the property is currently utilized for storage by the owner. The building offers usable retail units on the ground floor and an attached structure ideal for additional storage. A dry basement provides further storage capacity. While the top two floors require complete rehabilitation, the potential for conversion into apartments is significant, given the building's size and location. The property includes a rear right-of-way providing convenient access and a dedicated parking area. The seller requires several months to vacate the premises, allowing for a phased approach to renovations. Rehabilitation of the upper two stories can commence after closing. This property is an excellent prospect for investors and developers seeking a substantial project with significant upside in a rapidly developing community. The asking price is $474,900.
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
MU · Claremont, NHClaremont. 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.