151 Coliseum AveNashua, NH 03063

Property Details for 151 Coliseum Ave

Year built

1972

Construction

CONCRETE

Lot size

8.26 AC

Property size (Sq ft)

66,939 SF

Zone code

GB

Property type

Retail properties

APN

NASH M:E L:00447 U:151

APU

NASHMEL00447U151

Description

This exceptional 42,500 square foot retail space, formerly a Chunky's Dinner Theater, presents a unique opportunity in Nashua, New Hampshire. Located conveniently off Exit 6, this Class A property enjoys a high-traffic location with strong demographics and significant retail draw. Built in 2004, the single-story building features eight existing theater rooms, making it perfectly suited for a variety of entertainment-focused businesses, such as a family fun center or a pickleball complex. The property also boasts a fully equipped commercial kitchen infrastructure, seven ADA-compliant restrooms, and a substantial 167-space parking lot. The zoning is GB, and the building is in excellent condition. This is a single-tenant space offering significant potential for a business seeking a large, well-maintained facility in a prime Nashua location. The property's history as a successful entertainment venue provides a strong foundation for future success. This is a rare opportunity to acquire a large, well-equipped space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $16,268,514

  6.5%

  $15,017,090

  7%

  $13,944,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,040,550

  Geo Method

  $22,040,550

• Alternative Use

  Use

  Valuation

  Residential

  $12,667,477

  Hospitality

  $11,603,341

  Educational

  $9,653,843

  Medical

  $9,985,854

  Retail

  $15,017,090

Location Insight

City

Nashua

County

Hillsborough

State

New Hampshire

Latitude

42.7625

Longitude

-71.4987

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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