3,000 SF Retail / Hospitality

Retail-Commercial for Lease
Catylist Listing ID: 29999591
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 3,000 SF
Building Size (RSF): 11,850 SF
Gross Building Area: 3,100 SF
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $3,000
Lease Types: Modified Gross
Ceiling: 12 ft.
Building Name: Downtown Hospitality Opportunity
Usable Size (USF): 3,100 SF
Last Updated: 7/21/2017

Overview / Comments

This is a 3,000 SF street level space,located on Elm St in Manchester, between Hanover and Amherst St in the City center. The property is located in the Commercial Business District. Most recently occupied by a restaurant/bar, the space has two new restrooms, a 20 foot bar area, prepared foods kitchen and dining area.
The electric has been updated and brought to code, as have all the fixtures within the space.
Centrally located in downtown Manchester across from City Hall and around the corner from the Palace Theater.
Parking is available in the large municipal garage around the corner on Amherst St.
This is the most vibrant area of the city and only expected to get better as the downtown residential development continues to improve.

Expand All Available Space

Suite: 1 3,000 SF $12 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 3,000 SF
Lease Rate: $12 PSF (Annual)
$3,000 (Monthly)
Lease Type: Modified Gross
Date Available: 7/1/2017
Space Type: Relet
Tax Expenses $7,470 PSF (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: City of Manchester
Tax ID/APN: 11952
Zoning: CBD
Retail Clientele: General, Business, Recreation
Property Located Between: Hanover and Amherst
Property Visibility: Excellent
Largest Nearby Street: Elm
Feet of Frontage: 50
Traffic/Vehicle Count: 12,000
Highway Access: Access to Interstate 293, 93 and Routes 3 and 101
Airports: Manchester / Boston Regional
Site Description: 3,000 SF Street level retail or hospitality location.
Area Description: This is the central business district. Located across from Manchester City Hall in an area of professional services, NH Institute of Art, restaurant and coffee shops.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,100 SF
Property Condition: Good
Year Built: 1910
Year Renovated: 1914
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: On street or in municipal garage.
Heat Type: Oil
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Commercial Business District
Lot Frontage: 50
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,860 109,517 140,719
Median Age: 32.89 36.66 37.54
Households: 13,987 45,165 56,596

Source

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