High Visibility Retail/Restaurant Building

Retail-Commercial for Sale
Catylist Listing ID: 30815416
Property Subtypes: Restaurant
Building Size (RSF): 4,473 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $245.92 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/21/2022

Overview / Comments

Unique opportunity to own a fully leased restaurant/retail building with a function facility in the heart of vibrant downtown Manchester, NH. Tenant has two years remaining on the existing lease. Full basement adds value with access for walk-in cooler/freezer, management office, and dry storage with immediate kitchen access. Ideally located on the corner of Elm and Manchester Streets, allowing for additional outdoor seating and on-street parking. Located within walking distance to a variety of shops, restaurants, businesses, municipal buildings, and court houses. Easy access to Exit 5, I-293, and just 10 minutes from Manchester-Boston Regional Airport. Lease information available to qualified prospects upon signed NDA.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 116-17
Zoning: CBD
Property Visibility: Excellent
Largest Nearby Street: Elm Street
Feet of Frontage: 50
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1960
Year Renovated: 2021
Heat Type: Natural Gas
Lot Frontage: 50
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,302 108,950 141,599
Median Age: 32.83 37 37.57
Households: 14,314 44,739 56,893

Contact

Photograph of Listing Agent

Doug Martin

Colliers NECPE Member
Photograph of Listing Agent

Donald C. Eaton

Colliers NECPE Member
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