4 TownsendNashua, NH 03063

Property Details for 4 Townsend

Year built

1979

Construction

STEEL FRAME

Lot size

5.50 AC

Property size (Sq ft)

60,336 SF

Zone code

AI

Property type

Other commercial real estate

Property subtype

Showrooms

APN

NASH M:H L:00296

APU

NASHMHL00296

Description

This exceptional 60,000-square-foot industrial property in Nashua, NH, offers a unique opportunity for businesses seeking flexible and strategically located space. The single-story building, constructed in 1976, sits on a 5.5-acre lot and features 16-foot ceilings, providing ample room for various operations. Currently, there are three non-contiguous units available for lease, ranging from 6,000 to 12,000 square feet, with a total of 27,000 square feet currently vacant. Each unit includes restrooms and boasts a convenient loading dock ratio of one dock per 3,000 square feet of leased space. The property benefits from 800 amps of power and ample parking (2.9 spaces per 1,000 square feet). Its prime location directly off Route 101A at a signalized intersection provides easy access to the Everett Turnpike (Exit 8 approximately 1.3 miles away) and the Massachusetts border. The surrounding area is bustling with a diverse mix of businesses, including major corporations like Fidelity, Amazon, and Teledyne FLIR, along with numerous restaurants, hotels, and residential options, ensuring a vibrant and convenient environment for employees and clients. The property is zoned Park Industrial/Mixed-Use, offering versatility for a range of industrial and commercial uses. This is a rare opportunity to secure high-quality industrial space in a thriving New Hampshire location. The minimum divisible space is 6,000 square feet, with a maximum contiguous space of 12,000 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $14,663,754

  6.5%

  $13,535,773

  7%

  $12,568,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,866,424

  Geo Method

  $19,866,424

• Alternative Use

  Use

  Valuation

  Residential

  $11,417,931

  Hospitality

  $10,458,764

  Educational

  $8,701,568

  Medical

  $9,000,829

  Retail

  $13,535,773

Location Insight

City

Nashua

County

Hillsborough

State

New Hampshire

Latitude

42.7879

Longitude

-71.5175

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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