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Shopping Strip

211-217 Main Street

211 Main St, Nashua, NH 03060

Listing Price: $2,952,493

Cap Rate
7.70%
Gross SF
16,115
Rentable SF
17
Price/Gross SF
$183.21
Lot Size
0.45 acres
Year Built
1899

Investment Overview

Marcus & Millichap is pleased to present the outstanding investment opportunity located at 211 & 213-217 Main Street in the heart of downtown Nashua, New Hampshire. This combination of two contiguous downtown buildings offers more than 16,115 square feet of highly flexible retail and office space, making it suitable for a variety of tenant uses and promoting long-term stability. The second-story office space is occupied by a pair of multi-generational accounting firms, both of which have occupied the location for decades. Between the two office tenants, they share a combined tenure at the property of more than 135 years.
In addition to its exceptionally stable office tenancy, the property features five street-level retail suites fully occupied by successful service-oriented tenants with a WALT of 4.2 years, many of which contain healthy annual rent increases. A 2,200-square-foot second story suite previously occupied by a childcare center that is paying rent through the Summer of ’26 and a small 350 SF available office vacancy round out the property’s GLA. The offering enjoys excellent visibility and heavy foot traffic thanks to its prime location in the heart of downtown. Each building boasts its own off-street parking accessible through their rear entrances, a rarity for a Main Street property in this market, which is augmented by a public parking garage directly behind the property. With its strong fundamentals and prominent position in the Nashua market, this property represents a rare opportunity to acquire a stable, income-producing asset in one of Southern New Hampshire’s most desirable downtown districts.

Investment Highlights

  • Prime downtown location with excellent visibility and strong foot traffic
  • Strong traffic counts with >15,000 VPD passing the site
  • Affluent community with AHHI >$127,000 within five miles of the property
  • New roof, mechanicals and electrical in the rear portion of the building
  • Exceptionally stable second-floor office tenancy with two tenants whose total tenure at the property exceeding 135 years
  • Solid mix of service oriented first floor retail tenants with a WALT > 4 years
  • A total of 24 on-site parking spaces represent a rare benefit for tenants and customers
  • Unique opportunity for upside given the property's proximity to the Nashua Center for the Arts, an entertainment venue with a Consistent Need for Nearby Event Parking

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Managing Director, Market Leader - New England

    (617) 896-7220

    License(s) NH: 077795

    New Hampshire

Shopping Strip

211-217 Main Street

Listing Price: $2,952,493

Cap Rate
7.70%
Gross SF
16,115
Rentable SF
17
Price/Gross SF
$183.21
Lot Size
0.45 acres
Year Built
1899

Investment Highlights

  • Prime downtown location with excellent visibility and strong foot traffic
  • Strong traffic counts with >15,000 VPD passing the site
  • Affluent community with AHHI >$127,000 within five miles of the property
  • New roof, mechanicals and electrical in the rear portion of the building
  • Exceptionally stable second-floor office tenancy with two tenants whose total tenure at the property exceeding 135 years
  • Solid mix of service oriented first floor retail tenants with a WALT > 4 years
  • A total of 24 on-site parking spaces represent a rare benefit for tenants and customers
  • Unique opportunity for upside given the property's proximity to the Nashua Center for the Arts, an entertainment venue with a Consistent Need for Nearby Event Parking

Investment Overview

Marcus & Millichap is pleased to present the outstanding investment opportunity located at 211 & 213-217 Main Street in the heart of downtown Nashua, New Hampshire. This combination of two contiguous downtown buildings offers more than 16,115 square feet of highly flexible retail and office space, making it suitable for a variety of tenant uses and promoting long-term stability. The second-story office space is occupied by a pair of multi-generational accounting firms, both of which have occupied the location for decades. Between the two office tenants, they share a combined tenure at the property of more than 135 years. In addition to its exceptionally stable office tenancy, the property features five street-level retail suites fully occupied by successful service-oriented tenants with a WALT of 4.2 years, many of which contain healthy annual rent increases. A 2,200-square-foot second story suite previously occupied by a childcare center that is paying rent through the Summer of ’26 and a small 350 SF available office vacancy round out the property’s GLA. The offering enjoys excellent visibility and heavy foot traffic thanks to its prime location in the heart of downtown. Each building boasts its own off-street parking accessible through their rear entrances, a rarity for a Main Street property in this market, which is augmented by a public parking garage directly behind the property. With its strong fundamentals and prominent position in the Nashua market, this property represents a rare opportunity to acquire a stable, income-producing asset in one of Southern New Hampshire’s most desirable downtown districts.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Managing Director, Market Leader - New England

    (617) 896-7220

    License(s): NH: 077795

    New Hampshire

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