Flex/Industrial/Retail Free Standing Building
Industrial
for Sale
Also listed as Retail-Commercial
Catylist Listing ID: |
30815661 |
Property Subtypes: |
Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
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Building Size (RSF): |
10,318 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$1,299,000 |
Unit Price: |
$125.90 PSF |
Ceiling: |
10 ft. Clear |
Drive In Bays: |
3 Bays |
Property Use Type: |
Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/24/2023 |
Overview / Comments
31 Auburn St is an extremely well built industrial/flex/retail building in downtown Manchester just blocks away from the SNHU Arena and Elm St. This building has been meticulously cared for and is in excellent condition. This building has a long-term automotive tenant in +/- 25% that allows the next owner to occupy and collect rent. There is 3 phase power in the building, natural gas heat, city water
and sewer. The building can be demised for 2 or 3 tenants or 1 tenant with the owner occupying 75% of the building. The tenant occupied portion of the property has Sergio's Garage, an auto garage with 2 drive-in doors. The rear has an overhead electronic door and free span warehouse space. The remaining 5,350+/- sf of the property is the martial arts academy, which features an oversized gym/training area, multiple private offices and storage rooms, a reception area, a full kitchen and more. This owner-occupied space features three private entrances, making it easy to subdivide into multiple units if desired.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$14,547 (Annual) |
Additional Details
Nearest MSA: |
Manchester-Nashua |
County: |
Hillsborough |
Tax ID/APN: |
144-7 |
Zoning: |
CENTER BUSINESS DISTRICT ARENA OVERLAY |
Airports: |
Manchester Boston Regional Airport |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Year Built: |
1960 |
Roof Type: |
Flat |
Construction/Siding: |
Concrete |
Parking Type: |
Surface |
Column Spacing: |
NA |
Amps: |
225 |
Volts: |
120 |
X-Phase: |
3 |
Heat Type: |
Natural Gas |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
33,770 |
105,863 |
145,479 |
Median Age: |
32.52 |
36.82 |
37.52 |
Households: |
13,980 |
43,315 |
58,158 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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