For Sale
$549,000

32-40 Pleasant St Claremont, NH 03743

Historic Rand Block: 17,500 SF, 8 Units Potential

Overview

Added:
Feb 3
Days on market:
74
This exceptional 17,500 square foot property, situated on a 0.16-acre lot in the heart of Claremont, New Hampshire, presents a unique redevelopment opportunity. The historic Rand Block, located at 32-40 Pleasant Street, currently features four ground-floor retail spaces, two of which are currently occupied. The building boasts two brand new forced-air heating systems and two high-efficiency mini-split systems, ensuring efficient climate control. Electrical systems are updated with 100-amp circuit breaker panels for each unit. The property includes five off-street parking spaces on-site, supplemented by three additional rented spaces across Pleasant Street. Importantly, all necessary approvals and plans are in place to convert the upper floors into eight residential units: four two-bedroom, one-bathroom apartments and four two-bedroom, two-bathroom apartments. The building is also stubbed for a sprinkler system, enhancing safety and future development potential. This prime downtown location offers significant upside for a savvy investor seeking to capitalize on the growing demand for both commercial and residential space in Claremont. The property is being sold with all necessary approvals and plans in hand, streamlining the redevelopment process.

Property Details for 32-40 Pleasant St

Property type
Commercial real estate
Square Feet
17,500 SF
Year Built
1870
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Claremont
County
Sullivan
State
New Hampshire
Latitude
43.37175
Longitude
-72.33842
32-40 Pleasant St, Claremont, New Hampshire

FAQs

What type of property is this?
Commercial real estate - Historic Rand Block: 17,500 SF, 8 Units Potential
Where is the commercial real estate located?
The property is located at 32-40 Pleasant St Claremont, NH.
What is the asking price?
The asking price for this property is $549,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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32-40 Pleasant St
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