facebook
Traded Co logo
Submit

Buckley-Amherst, LLC Acquires Retail Property In Nashua, NH For $1.8M

Property Image
SOLD
$1,825,000

New Hampshire

See Similar Deals
Retail17,000 SF
Sold 03/04/2022
the dealplayerscompscontact
Property Image
SOLD

Buckley-Amherst, LLC Acquires Retail Property In Nashua, NH For $1.8M

546 Amherst Street, Nashua, New Hampshire 03063, United States

See Similar Deals
Retail17,000 SF
Sold 03/04/2022
Contact now

Summary

NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$107
Total Square Footage:17,000 SF
Transaction Type:Sale

546 Amherst Street in Nashua, NH is a highly visible 3.2 +/- acre retail property that was recently sold for $1,825,000. The property is improved with a 17,000 +/- SF building and 140 +/- parking spaces. It is located in the middle of a growing retail corridor, making it an attractive option for redevelopment and renovation. The buyer, Buckley-Amherst, LLC, recently obtained permits to use the site for a restaurant.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $1,825,000
  • Square Footage: 17,000 SF
  • Address: 546 Amherst St, Nashua, NH
  • Market: Nashua, NH

The seller, Weston Associates Development Company, Inc, sold the property to Buckley-Amherst, LLC. Representing the seller in the transaction were Chris McMahon and Travis Ginsberg of Summit Realty Partners Inc. They conducted a widely distributed marketing campaign to advertise the property for sale, resulting in a successful transaction.

Players

Chris McMahon
9 deals$45M volume
BROKER

Travis Ginsberg
4 deals$28.6M volume
BROKER

Details

SOLD
IMAGE: Chris McMahon & Travis Ginsberg DATE: 03/04/2022 ADDRESS: 546 Amherst St MARKET: Nashua, NH ASSET TYPE: Retail BUYER: Buckley-Amherst, LLC SELLER: Weston Associates Development Company, Inc SELLER'S REP: Chris McMahon & Travis Ginsberg - Summit Realty Partners Inc. SALE PRICE: $1,825,000 SF: 17,000 ~ PPSF: $107 NOTE FROM BROKERS: Summit Realty Partners, Inc. is pleased to announce the sale of 546 Amherst Street (Route 101A) in Nashua, NH for $1,825,000 on March 3, 2022. 546 Amherst Street in Nashua, NH is a highly visible 3.2 +/- acre property improved with a 17,000 +/- SF building and 140 +/- parking spaces. The building was previously occupied as an educational facility but its location in the middle of a growing retail corridor makes it a great property for redevelopment and renovation. The seller, Weston Associates Development Company, Inc sold the property to Buckley-Amherst, LLC. The buyer recently permitted the site for a restaurant use. Chris McMahon and Travis Ginsberg of Summit Realty Partners Inc. represented the seller in a widely distributed marketing campaign advertising the property for sale which led to this successful transaction.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$97,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,483.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,651.43
Annual Debt Service$103,817.17