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Listed by Alan Croteau of Real Property Options
Known as "The Union Block Building", this circa 1897 historic landmark building has been the anchor for retail and residential apartment space at the center of downtown Claremont, NH for decades. This property has been extremely well maintained. There are 6 commercial storefront spaces on the street level and 34 residential apartment units on the 2nd and 3rd floors. There currently are no vacancies and there is a waiting list of potential residential tenants. Over $175,000 NOI at listed 7.0% CAP Rate. Commercial Tenants all have Modified Gross Leases. The City of Claremont is currently revitalizing the downtown Pleasant Street area.

Property Details of 1 Pleasant Street

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 19, 2022.

 

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