55 Hollis St Nashua, NH 03060-3226
- Gas stations
- 1,134 SF
- 0.19 lot acres
Current Use by Public Records
- Gas stations
Property Details for 55 Hollis St
- Year built
- 1958
- Construction
- CONCRETE
- Lot size
- 0.19 lot acres
- Property size
- 1,134 SF
- Zone code
- GB
- Property type
- Gas stations
- APN
- NASH M:83 L:00113
- APU
- NASHM83L00113
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $135,000
- 6.5%
- $130,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $145,000
- Geo Method
- $125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $125,000
- Mixed-Use
- $140,000
- Hospitality
- $150,000
- Educational
- $155,000
- Residential Income
- $140,000
- Energy
- $140,000
- Income-Based Land
- $155,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4693
- Latitude
- 42.7566
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA