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8 Dunster Ave 17,591 SF 25% Leased Retail Building Greenville, NH 03048 $550,000 ($31.27/SF)



Investment Highlights
- 17,591 SF Mixed-Use Asset in the heart of downtown Greenville, NH
- Multiple income streams with existing residential tenant and flexible commercial layouts
- High ceilings & open floor plans ideal for retail, fitness, studio, or assembly uses
- Minutes to Massachusetts border with easy access to Route 101
- Value-add upside through lease-up, reconfiguration, or redevelopment
- Multiple commercial units including two ±500 SF spaces that can be combined
Executive Summary
17,591 SF Downtown Greenville Mixed-Use Investment | Value-Add Potential
Opportunity to acquire a 17,591 SF mixed-use commercial property located in downtown Greenville, NH, just minutes from the Massachusetts border with convenient access to Route 101. This centrally located asset offers strong fundamentals, multiple income streams, and significant value-add potential.
The building features high ceilings, open floor plans, multiple points of entry, ADA accessibility, and in-unit restrooms, allowing for a wide range of commercial uses. The front commercial unit includes office space, kitchenette, and two half baths. The rear unit offers a large open layout with high ceilings and two half baths—ideal for fitness, studio, or assembly-style users.
Two additional ±500 SF front units, each with private restrooms, offer flexible leasing options and may be combined to accommodate a single tenant.
The second floor includes a 2,000+ SF, 2-bedroom apartment currently leased at $2,100/month, providing immediate residential income. Additional unfinished second-floor space offers potential for office build-out, studio use, storage, or future residential conversion (buyer to verify zoning and approvals; first floor must remain commercial).
The basement level provides substantial utility with concrete floors, interior and exterior access, and a drive-in garage door, suitable for storage, operations, or inventory.
Zoning supports a wide variety of uses including retail, office, restaurant/bakery, grocery/general store, bank, healthcare, gym, theatre, childcare/educational facility, dance studio, private club, church, and funeral home. Previous tenants have included an antique store, liquor store, and hair salon, demonstrating proven demand across multiple user types.
This property is well-suited for investors, owner-users, or redevelopment-minded buyers seeking a flexible downtown asset with upside.
Also available for lease.
Opportunity to acquire a 17,591 SF mixed-use commercial property located in downtown Greenville, NH, just minutes from the Massachusetts border with convenient access to Route 101. This centrally located asset offers strong fundamentals, multiple income streams, and significant value-add potential.
The building features high ceilings, open floor plans, multiple points of entry, ADA accessibility, and in-unit restrooms, allowing for a wide range of commercial uses. The front commercial unit includes office space, kitchenette, and two half baths. The rear unit offers a large open layout with high ceilings and two half baths—ideal for fitness, studio, or assembly-style users.
Two additional ±500 SF front units, each with private restrooms, offer flexible leasing options and may be combined to accommodate a single tenant.
The second floor includes a 2,000+ SF, 2-bedroom apartment currently leased at $2,100/month, providing immediate residential income. Additional unfinished second-floor space offers potential for office build-out, studio use, storage, or future residential conversion (buyer to verify zoning and approvals; first floor must remain commercial).
The basement level provides substantial utility with concrete floors, interior and exterior access, and a drive-in garage door, suitable for storage, operations, or inventory.
Zoning supports a wide variety of uses including retail, office, restaurant/bakery, grocery/general store, bank, healthcare, gym, theatre, childcare/educational facility, dance studio, private club, church, and funeral home. Previous tenants have included an antique store, liquor store, and hair salon, demonstrating proven demand across multiple user types.
This property is well-suited for investors, owner-users, or redevelopment-minded buyers seeking a flexible downtown asset with upside.
Also available for lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
17,591 SF
Building Class
C
Year Built
1880
Price
$550,000
Price Per SF
$31.27
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.88 AC
Zoning
Downtown - Downtown. Mixed used. Residential available on 2nd floor. Commercial available throughout. Zoning allows for additional residential units on 2nd floor
Parking
25 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
84’ on Dunster Ave
Amenities
- Wheelchair Accessible
- Storage Space
Property Taxes
| Parcel Number | GRVL-000008-000000-000037-B000000 | Improvements Assessment | $304,400 |
| Land Assessment | $122,700 | Total Assessment | $427,100 |
Property Taxes
Parcel Number
GRVL-000008-000000-000037-B000000
Land Assessment
$122,700
Improvements Assessment
$304,400
Total Assessment
$427,100
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