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Property profile & analytics
OFF-MARKET
Investment properties

19 Pleasant St Claremont, NH 03743-2606

9,726 SF 0.28 ac lot Built 1900
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US58-0296531
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,726 SF
Lot 0.28 ac (12,197 SF)
Zoning code MU
APN CLMN M:120 L:74
UPID US58-0296531
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sports Fan-attic LLC · 8 yrs held
Sports Fan-attic LLC
since 2018
7 recorded transactions
2018
$20,000
2017
$2,667
2016
$60,000
2012
Price N/A
2006
Price N/A
2005
Price N/A
1999
$130,000
Zoning & alternative use
MU · Claremont, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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