High Visibility Office Building
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30851821 |
| Property Subtypes: |
Mixed Use, Office Building
|
| Status: |
Pending |
| 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: |
9/27/2023 |
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.
|
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 |
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 |
|
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