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Licenses
Rune Stone Realty Firm #078909
NH Real Estate Commission License #069474
Commonwealth Standard Realty - Commonwealth of MA License #009533251
All Inclusive Realty - Vermont License #081.0134176
Nicole Janice Canavan
Principal Broker with Rune Stone Realty
Nicole founded Rune Stone Realty in 2022 after acquiring O’Rourke Realty, where she was a managing broker at their Twin Mountain office. Rune Stone Realty is a residential and commercial real estate firm with a full service property management division.
Nicole has been an active member of the commercial real estate community. She earned her CCIM designation in 2023 and had been the recipient of the New England Chapter of CCIM Scholarship in 2020.
She has been a member of the NH Commercial Investment Board of REALTORS® since 2015 and now sits on the Board. She also has been sitting on the Board of the New England Commercial Property Exchange since 2021 and has been part of the data policy committee. She was a member of CREW (Commercial Real Estate Women). Nicole was the recipient of the 2020 New England Chapter of CCIM Scholarship.
Nicole has her B.A. from Smith College and a M.Phil from University College London. While in London, Nicole gained experience in apartment leasing and property management. She now focuses primarily on multi-family investments, mixed use, and small office/street retail.
Nicole’s diverse international background provides her with a solid framework to think outside of the box and come up with creative solutions to bring both buyer and seller together and get the deal to close.
Education & Affiliations
NHCIBOR, NH Commercial Investment Board of REALTORS®: Member since 2015
NHCIBOR Board Member, 2024-Present
Greater Claremont Board of REALTORS®: Member 2022-Present
Vermont Association of REALTORS®: Member 2022- Present
MRP - Military Relocation Professional
CNHS, Certified New Homes Specialist
Groveton, NH Planning Board Member, 2020-Present
B.A. Smith College 2002
M.Phil University College London 2003
CCIM 2023
CREW, Commercial Real Estate Women: Member, 2018-2021
New England Commercial Property Exchange: Board Member, 2021-Present
Notable Sales
The Moody Building, Claremont, NH
16-34 Opera House Square
The prestigious and historic Moody Building is a former hotel that boasted famous guests such as John F. Kennedy. The Moody Building has been a staple of downtown Claremont for more than a century. Converted to office space and street retail in the late 1960s, this building has continued to be a mainstay of the downtown.
At the time of sale, this building was fully occupied with a waitlist, indicating the strong desire for retail and office space in Claremont.
Sale Price: $1,600,000
27-45 Pleasant Street, Claremont, NH
Nicole identified this building as a future opportunity but it was off market. This former OddFellows Hall connected to the Baker's Block by a small restaurant consists of multiple office spaces, street retail, two restaurants and four residential apartments. Working with the current owner and a group of investors, a deal was put together.
The building had multiple vacancies and several deferred maintenance issues. Nicole took over management of the building in October 2021 and within three months the building was back up to full occupancy in all spaces allowed for use. The building successfully closed on April 8, 2022. Nicole set up her new real estate office at 33 Pleasant Street and continues to manage the building.
Sale Price: Undisclosed
6 Trafalgar Square, Nashua, NH
Single Tenant Office
Previously on the market with another realtor and with a tenant in place, this single tenant 26, 975 square foot office building off Exit 8 in Nashua, NH did not sell. The owners interviewed new agents to re-list the property and Nicole won the assignment with her stellar detailed report about the area, the demographics, the property, and her marketing plan.
In the interim, the tenant vacated. Nevertheless, Nicole successfully got the property under agreement in March 2020 but when COVID hit, the buyers backed out of the contract. Nicole was able to swiftly get the property under agreement again with a new buyer/investor who intended to refit the property for multiple tenant office leases. This was impressive in the middle of COVID when everyone was working from home. The property successfully sold in August 2020.
Sale Price: $2,000,000
471 Old Street Peterborough, NH
“The Bunker”
Affectionately nicknamed the “Bunker” by locals, this mid-century modern home had been used as a chiropractor’s office, an art studio, and a private residence over the years. Starting in 2008, it went on the market with various agencies and languished for several years before finally selling for $420,000 below the original list price to my clients in 2015. In 2018, the new owners found themselves needing to relocate and were afraid they would also have to wait years for this property to sell. Nicole was hired to do the job. Through extensive research Nicole noticed that the majority of larger/more expensive homes in the Peterborough area were being bought up by people from out of state, notably New York. With a commercial background, Nicole also came up with a two-prong strategy to market the property both locally and nationally, and as a residence or commercial property.
She received two full priced offers within 30 days of the listing. Several buyers even flew out across the country to view the listing. Nicole had successfully overcome the local preconceived notion of what this property is/could be. This is an example of Nicole’s “outside of the box” thinking, her exceptional marketing skills and her ability to adapt to new markets and outside market conditions. The property closed in July 2018.
Sale Price: $376,000
146 Main Street, Amesbury, MA
Church & Parson House
Rock Church had outgrown its current location and was looking to expand. A member of the Church recommended Nicole who promptly began researching Church sales in New England. She put together a comprehensive 148 page market analysis and determined that the highest and best use of the property would likely be a re-development project. Taking a multi-prong approach and marketing it in different manners, Nicole was able to obtain two competing full priced offers. The winning bid was a developer who aimed to convert the Church into an industrial use manufacturing use completely utilizing the kitchen and basement areas, renovating the Parson House into multi-unit housing, and constructing an additional six residential units in the back parking lot. City approvals pushed the closing back many months and the property finally transferred in January 2020.
Sale Price: $805,000
58 Macy Street, Amesbury, MA
Units 4-13 Retail
Having sold their Church building around the corner, Rock Church hired me to represent them as a buyer’s agent to locate a larger space for their congregation. While unconventional, we located another congregation that was downsizing. This congregation owned 10 retail condo units in a small strip mall and had leased out the units they were not owner occupying. This provided my client with immediate space to resume services once the COVID restrictions were lifted and also provided space for their congregation to expand and grow as needed while also earning rental income on that additional space in the interim. The sale closed in September 2020.
Sale Price: $1,290,000
Fremont Motors
280 Main Street, Fremont, NH
This local staple of the community is located right on Main Street near the intersection of Main Street/Route 107 and Sandown Road. It had been continually operated as a auto repair shop (and at one point gas station) since 1940 under various owners. It was determined that it would be in the best interest to sell the building and FFE only. The property was sold to a young local mechanic who had been doing work out of his home garage and needed a larger and official location to continue his business.
Sale Price: $345,000
