High Visibility Office Building

Office for Sale
Catylist Listing ID: 30851821
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 16,555 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $72.49 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

16,555± SF office building for sale located on the highly visible corner of Bridge and Elm Streets in downtown Manchester, NH. Ideal owner/user opportunity with potential for a mixed-use redevelopment. The first 3 floors are currently fit-up as traditional office space and the 4th floor is unfinished. 2 existing billboards face Bridge Street with an annual income of $20,000 and a traffic count of 12,914 AADT per NHDOT 2022. Great skyline views of the Uncanoonuc Mountains, the Merrimack River, and downtown. Within walking distance to over 100 restaurants, unique shops, SNHU Arena, the Rex Theatre, and the Palace Theatre. Easy access to all major highways, including I-93, I-293, and Route 101.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 156-4
Zoning: CBD
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 1930
Year Renovated: 1993
Parking Type: Surface
Parking Description: On-street & Pearl Street parking lot
Passenger Elevators: 1
Heat Type: Natural Gas, Hot Water
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,112 112,373 143,842
Median Age: 33.63 36.44 37.61
Households: 13,387 46,171 57,591

Contact

Photograph of Listing Agent

Doug Martin

Colliers NECPE Member
Photograph of Listing Agent

Laura Nesmith

Colliers NECPE Member
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