43 Grove St Peterborough, NH 03458
This exceptional three-unit commercial property, located at 43 Grove Street in the heart of Peterborough, New Hampshire, presents a compelling investment opportunity for both owner-users and investors. Spanning 7,785 square feet on a 1.02-acre lot, this charming masonry building currently houses two thriving tenants: Thai Cafe and Monadnock Oil. Its rich history includes a previous occupant, a local chocolate and ice cream store, adding to its unique character and appeal. The building's prime location in downtown Peterborough ensures high visibility and foot traffic, benefiting from its proximity to major roadways like U.S. Route 202 and New Hampshire Route 101. Peterborough itself boasts a vibrant community, with a population of 6,418 (2020 census), situated along the Contoocook River. The town's strategic location, 38 miles west of Manchester and 72 miles northwest of Boston, provides easy access to a larger regional market. This versatile property offers endless possibilities for a variety of commercial uses, making it an attractive prospect for those seeking a strong foothold in a thriving New Hampshire market. The asking price is $1,500,000.
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Attar Herbs & Spices, llc Big Box & Wholesale Store
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Monadnock Nutrition Services, LLC Physician
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Thai Cafe Restaurant
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CHRISTIN MARIE SAUCIER Physician
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At the Grove Village Shops Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
COMMER · Peterborough, NHPeterborough. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.