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Whiting Building 29-39 Main St 30,090 SF 89% Leased Office Building Nashua, NH 03064 $5,115,900 CAD ($170.02 CAD/SF) 6.03% Cap Rate
Investment Highlights
- Operating expenses $115000
- Rubber membrane roof
- Central HVAC
- 50 parking spaces
Executive Summary
The "Whiting Building" is an historic property. It has 5 stories, an elevator, central HVAC and 50 parking spaces. Each floor has approx. 5,500 sq. ft. The ground floor and basement have commercial and retail zoning.
100%. Occupancy
Brokers protected
Located at the busiest intersection in Nashua of Main and Franklin. Close to shops, restaurants and other amenities. Plenty of street parking for visitors.
100%. Occupancy
Brokers protected
Located at the busiest intersection in Nashua of Main and Franklin. Close to shops, restaurants and other amenities. Plenty of street parking for visitors.
Financial Summary (Pro Forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$458,385
|
$15.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$458,385
|
$15.23
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$150,066
|
$4.99
|
| Net Operating Income |
$308,318
|
$10.25
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $458,385 |
| Annual Per SF | $15.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $458,385 |
| Annual Per SF | $15.23 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $150,066 |
| Annual Per SF | $4.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $308,318 |
| Annual Per SF | $10.25 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
30,090 SF
Building Class
C
Year Built/Renovated
1890/1980
Price
$5,115,900 CAD
Price Per SF
$170.02 CAD
Cap Rate
6.03%
NOI
$308,591 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,500 SF
Slab To Slab
12’
Building FAR
1.21
Lot Size
0.57 AC
Zoning
D1MU - Office Building
Parking
50 Spaces (2.45 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Air Conditioning
1 1
Very walkable
80/100
Fairly drivable
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NASH-000068-000000-000131 | Improvements Assessment | $2,110,157 CAD (2025) |
| Land Assessment | $345,864 CAD (2025) | Total Assessment | $2,456,021 CAD (2025) |
Property Taxes
Parcel Number
NASH-000068-000000-000131
Land Assessment
$345,864 CAD (2025)
Improvements Assessment
$2,110,157 CAD (2025)
Total Assessment
$2,456,021 CAD (2025)
1 of 7
Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Whiting Building, LLC
Whiting Building | 29-39 Main St
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