170-186 Main St - Flex FOR SALE


Nashua, NH 03060- Downtown Nashua
$7,945,000 USD
310-387-7042
170-186 Main St, Nashua, NH for Sale
$7,945,000 USD
Flex - FOR SALE
1/6
null | 7.4% Cap Rate

170-186 Main St
Nashua, NH 03060
Downtown Nashua


HIGHLIGHTS

  • Prime downtown location with excellent visibility and consistent foot traffic
  • Affluent community with AHHI greater than $127,000 within five miles of the property
  • Well diversified tenant mix delivers exceptional stability
  • Strong vehicular traffic counts with over 15,000 VPD passing the property
  • Well maintained building with no meaningful deferred maintenance
  • Steps from the Nashua Center for the Arts, a new state-of-the-art entertainment venue that seats up to 1,000 patrons

OVERVIEW

Marcus & Millichap is pleased to present the exceptional investment opportunity located at 170-186 Main Street in the heart of downtown Nashua, New Hampshire. These two contiguous buildings, known as the Chase Building and the Professional Building, were once home to the State Cinema and the Sears & Roebuck Company respectively. Today, this prominent mixed use asset offers a compelling blend of residential, office, and retail tenancy, providing the kind of diversified income stream that promotes long-term stability and resilience across market cycles. The property’s retail suites line its Main Street frontage, benefiting from the strong foot traffic and consumer demand that define this premier downtown corridor. Office tenants occupying the upper floors further contribute to the property’s stable income profile, while the residential component adds a complementary layer of occupancy that insulates the asset against the ebbs and flows of commercial occupancy. One of the property’s noteworthy attributes is its dedicated off-street parking located directly behind the building — a highly coveted amenity for a Main Street asset in this market. More than two dozen reserved parking spaces serve the residents at night and the retail tenants during business hours. Positioned in the heart of Nashua’s vibrant downtown district, the property enjoys exceptional visibility, strong pedestrian activity, and proximity to the city’s robust base of dining, retail, and professional services. With its prime location, diversified tenancy, and rare parking advantage, the property represents an outstanding opportunity to acquire a stable, income producing asset in one of Southern New Hampshire’s most dynamic urban markets.

FOR SALE DETAILS

PRICE

$7,945,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6

LAND SF

26,016

ZONING

D1MU

APN/PARCEL ID

NASH-000033-000000-000112

ASK ABOUT THIS PROPERTY

Adam CohenMarcus & MillichapMore Info
310-387-7042

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Adam CohenMarcus & MillichapMore Info
310-387-7042

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.