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33252882
33252885

170 Main Street, Nashua, NH 03060

AC
MA MA 9551336
Marcus & Millichap - Boston
JC
MA 9022089
Marcus & Millichap - Boston
EL
MA MA 9587690
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston
$7,945,000
0 days on market
Updated 0 days ago
Opportunity zone

170 -186 MAIN ST NASHUA NH 03060-2731

Details
APN NASH M:33 L:00112
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Restaurant (+1)
Square Footage 37,504
Net Rentable (SqFt) 37,504
Cap Rate 7.40%
NOI $587,930
Occupancy 98.78%
Tenancy Multi
Year Built 1900
Stories 4
Lot Size (SqFt) 25,979
Zoning D1MU
Parking Spaces 27 spaces
Parking Per SqFt 0.72
Ground Lease No
Sale Condition For sale by owner

Downtown Nashua Mixed-Use Asset w/ Well Diversified Income Stream

Marketing description

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.

Investment highlights

  • Prime downtown location with excellent visibility and consistent foot traffic
  • Affluent community with AHHI >$127,000 within five miles of the property
  • Well diversified tenant mix delivers exceptional stability
  • Strong vehicular traffic counts with >15,000 VPD passing the property
  • Consistently appreciating cashflow through regular rent increases
  • Amenities uncommon in downtown Nashua like elevator access, onsite laundry and private parking enhance the property’s appeal to residential tenants

Listing Contacts

AC
MA MA 9551336
Marcus & Millichap - Boston
JC
MA 9022089
Marcus & Millichap - Boston
EL
MA MA 9587690
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$587,930.00
$48,994.17/mo

Valuation Metrics

0
DSCR
7.4%
Cap Rate
7.4%
ROI

Map

Zoning

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D1/MU MixedMixed UseDowntown 1 Mixed Use
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Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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