Property profile

55 Hollis St Nashua, NH 03060

OFF-MARKET
Gas stations
Property ID
US58-0142668
1,134 SF 0.19 ac lot Built 1958
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established Kenoco-branded gas station and a two-bay automotive repair shop situated in the heart of Central Nashua, New Hampshire. Operating successfully since 1958, this property boasts a substantial fuel capacity of 18,000 gallons distributed across three tanks, currently dispensing approximately 35,000 gallons monthly. The business operates as a full-service station with current limited hours, presenting a clear path for expansion and increased revenue. The property includes convenient office space and two bathrooms, adding to its functionality. The two automotive repair bays are fully equipped and operational, with the option to purchase existing furniture, fixtures, and equipment. The General Business zoning designation offers considerable flexibility for future development and diversification of services. This allows for a wide range of potential uses beyond the existing operation, including the addition of self-service fuel pumps and extended operating hours. The property's prime location and established customer base provide a strong foundation for continued success and significant growth potential. This is a rare opportunity to acquire a turnkey business with a long history of profitability and substantial upside. The asking price is $925,000.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1958
Construction CONCRETE
Total area 1,134 SF
Lot 0.19 ac (8,233 SF)
Zoning code GB
APN NASH M:83 L:00113
UPID US58-0142668

Cap rate & NOI

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

Location

55 Hollis St Nashua, NH 03060-3226
Nashua metro Census 10802 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2022
Last sale
$143,533
1 recorded transaction
2022
$143,533

Zoning & alternative use

GB · Nashua, NH
Zoning description

General Business (GB) Districts are similar to the HB Districts in purpose, function, and appearance, but require a smaller minimum lot size. The GB Districts are generally found in close proximity to the HB Districts, b…

General category COMMERCIAL

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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