493 Amherst StNashua, NH 03063

  • Other commercial real estate
  • 23,698 SF
For Lease

Property Details for 493 Amherst St

Year built
1978
Construction
CONCRETE
Lot size
5.83 AC
Property size (Sq ft)
23,698 SF
Zone code
HB
Property type
Other commercial real estate
APN
NASH M:H L:00166
APU
NASHMHL00166

Description

This exceptional retail opportunity is located at 493-495 Amherst Street in Nashua, New Hampshire, 03063. The property is a 32,013 square foot retail strip center situated at the intersection of Amherst Street (Route 101A) and Thornton Road, providing convenient access from both eastbound and westbound lanes. The space available is 1,600 square feet, representing a minimum divisible unit, with a maximum contiguous space also of 1,600 square feet. This vibrant center boasts a diverse mix of national, regional, and local tenants, including Enterprise Bank, Jersey Mike's, Aroma Joe's, India Palace, Smoothie King, and Kung Fu Tea, alongside neighbors such as Bank of America and 7-Eleven. The property has recently undergone significant improvements, featuring a new façade, a resurfaced parking lot, and a new pylon sign. The location benefits from high visibility and ample parking, attracting substantial traffic volume. The property's strategic location also places it in close proximity to other major national retailers including HomeGoods, Target, Panera Bread, PetSmart, Walgreens, and Planet Fitness, further enhancing its appeal and drawing significant consumer traffic. This makes it an ideal location for retailers, service businesses, and restaurants seeking a high-traffic, well-maintained space in a thriving Nashua commercial area. The property is adjacent to Nashua Community College.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,484,588
    Hospitality
    $4,107,859
    Educational
    $3,417,690
    Medical
    $3,535,230
    Retail
    $5,316,408
493 Amherst St, Nashua, New Hampshire

Location Insight

City
Nashua
County
Hillsborough
State
New Hampshire
Latitude
42.7932
Longitude
-71.5217
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$69,321
$1,497,300
$2,305,300
$3,802,600
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-
-
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FAQs

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