151 Elm Street

Retail-Commercial for Sale
Catylist Listing ID: 30000941
Property Subtypes: Free-Standing Building, Vehicle Related, Other
Building Size (RSF): 6,596 SF
Gross Building Area: See Agent
Gross Land Area: 0.64 Acres
Sale Price: $850,000
Unit Price: $128.87 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.7%
Last Updated: 9/15/2017

Overview / Comments

PRICE REDUCTION - BRING ALL OFFERS!

The sale price has been reduced by $100,000! FOR SALE - ±6,596 SF industrial/commercial building is situated on 0.64 acres. The property presents a great opportunity for redevelopment or as an investment. It is fully leased by two long term tenants. Features include small office space, seven drive-in bays, municipal water/sewer, gas heat and onsite parking for ±40 vehicles. A new roof was added in 2014.

The property offers excellent visibility and signage with over 200’ of frontage on busy Elm Street; one of Manchester’s highly traveled business corridors. Strategically located less than 0.3 miles from I-293 makes the property ideal for owners that need quick and easy highway access.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 733/0021
Zoning: I-3
Retail Clientele: General, Business, Traveler, Recreation, Convention, Other
Highway Access: Exit 5 Interstate 293
Tenancy: Multiple Tenants
Parking Type: Surface
Parking Description: Approximately 40 vehicles
Zoning Description: Industrial 3
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,475 102,266 146,925
Median Age: 32.95 36.72 37.52
Households: 12,411 41,658 58,754
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