Prime Retail/development Location

Retail-Commercial for Sale
Catylist Listing ID: 30653831
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 15,880 SF
Gross Building Area: See Agent
Sale Price: $1,599,000
Unit Price: $100.69 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Prime location on rapidly transforming, Elm Street, Manchester, NH. Across from Market Basket, 2 blocks south of the SNHU Arena and abutting a newly proposed residential, mid-rise development. Great exposure for retail/office/restaurant user and primed for future development. Two storefronts currently leased with good income. Two additional storefronts totaling 5,750sf available for lease or for owner/user.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $12,088 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 166-6
Zoning: CBD
Retail Clientele: Business
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Lot Frontage: 140

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,463 104,078 145,479
Median Age: 32.4 36.73 37.52
Households: 12,956 42,676 58,158

Contact

Photograph of Listing Agent

William Kanteres

Kanteres Real Estate NECPE Member
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