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Investment Highlights

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

Executive Summary

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.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $587,930 $10.69

Financial Summary (Actual - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $587,930
Annual Per SF $10.69

Property Facts

Price $7,945,000
Price Per SF $211.84
Sale Type Investment
Cap Rate 7.40%
Property Type
Flex
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.60 AC
Rentable Building Area 37,504 SF
No. Stories 2
Year Built 1900
Zoning D1MU
Exceptionally walkable
90/100
Moderately drivable
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
NASH-000033-000000-000112
Land Assessment
$377,600
Improvements Assessment
$3,845,600
Total Assessment
$4,223,200
  • Listing ID: 41024246

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 170-186 Main St, Nashua, NH 03060

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