131-135 Main StPembroke, NH 03275

Property Details for 131-135 Main St

Year built

1879

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

6,840 SF

Zone code

B-2

Property type

Retail properties

APN

PMBR M:VE B:170

APU

PMBRMVEB170

Description

This exceptional retail property in Suncook Village, Pembroke, offers two charming suites within a beautifully preserved brick building dating back to 1879. Located in the heart of the village, this 6,840 square foot building provides excellent visibility and foot traffic. Currently, 2,189 square feet are available for lease, divisible into spaces ranging from 1,076 to 1,113 contiguous square feet. The units boast 10-foot original tin ceilings and open floor plans, allowing for flexible customization to suit various business needs. The property sits on 0.8 acres of land and benefits from its proximity to major roadways, including I-93 and Route 3, ensuring easy access for customers and employees. For leases of 2+ years, the landlord will provide one ADA-compliant bathroom. This presents a unique opportunity to establish a business within a thriving community and a historically significant setting. The property's location offers a blend of historical charm and modern convenience, making it an ideal space for a variety of retail ventures. This is a rare chance to become part of Pembroke's rich history and vibrant business landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,662,359

  6.5%

  $1,534,485

  7%

  $1,424,879

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,252,160

  Geo Method

  $2,252,160

• Alternative Use

  Use

  Valuation

  Residential

  $1,294,396

  Hospitality

  $1,185,659

  Educational

  $986,455

  Medical

  $1,020,380

  Retail

  $1,534,485

Location Insight

City

Pembroke

County

Merrimack

State

New Hampshire

Latitude

43.1312

Longitude

-71.4525

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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