List Price: $1,000,000 | $223 per sq.ft. Commercial
Space type
Date Listed Thursday Mar 28, 2024 | MLS# 4989539


Address: 16 South Willow Street Manchester NH
Listed by Steve Cotran RE/MAX Area Real Estate Network LTD
Description:
A solid easy money maker fully occupied bringing a 7% cap rate at current rents. The two upstairs tenants could be more bringing the rate to 8%. This building Class A space with a credit anchor tenant who has been there for 20 years and just signed a fresh 5 year extension. There are nooo capital improvements needed. Great location with high visibility, ample parking, easy access, and high (10,989 VPD 2022) traffic count. Separate HVAC, central air, gas, and electric.
Building Type : Office

Sale Includes : Land/Building

Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1915
Price Per SQ.FT. 222.82 No. of Units: 3
Building Size : 4488
Available SQFT : 4488
Building Type: Office

ExteriorRoof: Membrane

InteriorBasement: Full

Land Information

Zoned: OFFICE BLDG
Flood Zone: No
Road Frontage: 115
Garage And Parking: On-Site | Parking Spaces 11 - 20
Road Frontage: 115
No. of Docks | 0.

UtilitiesHeating: Forced Air | Natural Gas
Cooling: Central AC
Electric: Circuit Breaker(s)
Utilities: Cable - Available
AC % | 0.

Additional Information
Taxes $7,096
Assesed Value Not Reported
Schools

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