55 Hollis StNashua, NH 03060

Property Details for 55 Hollis St

Year built

1958

Construction

CONCRETE

Lot size

0.19 AC

Property size (Sq ft)

1,134 SF

Zone code

GB

Property type

Retail properties

Property subtype

Gas stations

APN

NASH M:83 L:00113

APU

NASHM83L00113

Description

This exceptional investment opportunity presents a well-established Kenoco-branded gas station and a two-bay automotive repair shop situated in the heart of Central Nashua, New Hampshire. Operating successfully since 1958, this property boasts a substantial fuel capacity of 18,000 gallons distributed across three tanks, currently dispensing approximately 35,000 gallons monthly. The business operates as a full-service station with current limited hours, presenting a clear path for expansion and increased revenue. The property includes convenient office space and two bathrooms, adding to its functionality. The two automotive repair bays are fully equipped and operational, with the option to purchase existing furniture, fixtures, and equipment. The General Business zoning designation offers considerable flexibility for future development and diversification of services. This allows for a wide range of potential uses beyond the existing operation, including the addition of self-service fuel pumps and extended operating hours. The property's prime location and established customer base provide a strong foundation for continued success and significant growth potential. This is a rare opportunity to acquire a turnkey business with a long history of profitability and substantial upside. The asking price is $925,000.

• CAP approach

  CAP return

  Valuation

  6%

  $275,602

  6.5%

  $254,401

  7%

  $236,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $373,384

  Geo Method

  $373,384

• Alternative Use

  Use

  Valuation

  Residential

  $214,597

  Hospitality

  $196,570

  Educational

  $163,544

  Medical

  $169,168

  Retail

  $254,401

Location Insight

City

Nashua

County

Hillsborough

State

New Hampshire

Latitude

42.7566

Longitude

-71.4693

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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