Adaptive Reuse Mill Yard District

Office for Lease
Catylist Listing ID: 30383398
Property Subtypes: Office Building
Contiguous Space: 15,000 - 40,000 SF
Building Size (RSF): 40,000 SF
Gross Land Area: 0.60 Acres
Lease Rate: $7.50 PSF (Annual)
Base Monthly Rent: $25,000
Lease Types: NNN
Class of Space: Class B
Last Updated: 11/12/2019

Overview / Comments

Large commercial building for sale or lease in Nashua downtown district. 40,000 SF brick office 3-levels, full basement, elevator with off-street parking on 0.6 Ac. Ideal adaptive reuse with ease to customize for your needs. The mill yard is a vibrant mixed-use district located in Nashua’s downtown. This is a natural home for technology company seeking a live-work-play environment. As a mixed-use district other uses are incubator type firms, light industrial, charter school, medical practice, multi-family overlay, corporation campus, R + D facility, self-storage, office or other education facility. The area has significant mill building redevelopment. Former home to a private Christian School. Common bathrooms on each level, a 290-seat auditorium, outside playground fenced area and a workout room. Economical gas-fired FHW boilers, wet sprinkler system + fire alarm system. Other amenities: combination passenger-freight four-stop elevator w-key access, ground rollup loading door, secure building w-video security system, building-mounted lighting, 2-staircases, emergency lighting. Nashua has excellent transportation, professional employment sector, abutting the Massachusetts border and a strong regional economy base makes this an excellent headquarters or an adaptive reuse opportunity.

Expand All Available Space

Suite: 55 Franklin Street 40,000 SF $7.50 PSF (Annual) NNN
Level/Floor: 3 Levels
Space Available: 40,000 SF
Minimum Divisible: 15,000 SF
Lease Rate: $7.50 PSF (Annual)
$25,000 (Monthly)
Lease Type: NNN
Space Description: KW Commercial is pleased to offer, both for sale and lease, a large brick commercial building in the downtown district of Nashua, NH. This 40,000 SF property was constructed in 1965, sits on .6 Acres and conveniently abuts the Massachusetts border. Property can be demised from 15,000 – 40,000 SF with each floor having 10,000 SF. There is a full basement, common bathrooms on each level, a 290 seat auditorium, outside fenced in playground area and a workout room. Additional amenities included are: economical gas fired FHW boilers, wet sprinkler system, fire alarm system, combination passenger-freight four-stop elevator with key access, ground rollup loading door, secure building with video security system, building-mounted lighting, two staircases and emergency lighting.

This property offers ideal adaptive reuse with ease to customize for your needs. The mill yard is a vibrant mixed-use district and would be a natural fit for a technology company seeking a live-work-play environment. Other uses are incubator type firms, light industrial, charter school, medical practice, multi-family overlay, corporation campus, R&D facility, self-storage, office or other education facility as it was the former home to a private Christian school.

Nashua, NH has a strong regional economy base making this an excellent opportunity to locate a headquarters or be an adaptive reuse opportunity. The area has significant mill building redevelopment.

NNN = $3.00 PSF
Space Subcategory: Office Building
Date Available: 2/21/2019
Space Type: Relet
Parking Spaces 13
Tax Expenses $1.29 PSF (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Nashua
Tax ID/APN: NASH-000068-000000-000053
Zoning: GIMU
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 10,000 SF
Year Built: 1965
Parking Type: Surface
Total Parking Spaces: 50
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,459 85,392 125,932
Median Age: 35.41 39.31 39.26
Households: 10,627 34,088 49,307

Contact

Photograph of Listing Agent

Ronald Fredette, CCIM

KW Commercial, NH NECPE Member
Photograph of Listing Agent

Kristine LaPorte

KW Commercial, NH
NECPE Member
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