53-59 Main Street

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30573371
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 3,750 SF
Gross Building Area: See Agent
Sale Price: $830,000
Unit Price: $221.33 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

"The Riverside Building,” is located at 53-59 Main Street and abuts the Nashua River. The 3,750 square foot space with outside seating and full lower level is ‘turnkey’ for a 96 seat restaurant with potential internal and exterior expansion. The outdoor deck overlooking the Nashua River Canal has an occupancy of 30 seats and at the front entrance, the sidewalk seating can accommodate 18 seats.

The property is being sold to include the Fixtures, Furnishings and Equipment. The City of Nashua will be soon expanding the Riverwalk which will further enhance this opportunity and the potential for more outdoor seating capacity.


Finance Data Year 2020
Real Estate Taxes - Annual($) $10,223 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 78-36
Zoning: D1MU
Lot Frontage: 75

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,459 83,451 127,074
Median Age: 35.41 39.45 39.28
Households: 10,627 33,035 49,679


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