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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$1,950,000

MLS# 4996358
sq.ft. Bedroom | 0 Bathroom
Commercial
301-321-341 Depot Street Manchester VT
 
$1,950,000 | $110 per sq.ft. Commercial Property, 301-321-341 Depot Street Manchester VT | Space type Free Standing Building,Office Building,Other MLS# 4996358


DESCRIPTION

There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.
Building Type : Business | Multi-Family | Office | Retail

Disability Features : Access Parking | Hard Surface Flooring | Paved Parking

Equipment : Sprinkler System | Air Conditioner

Misc : Fire System | Elevator - Passenger | Windows - Glazed | In-Unit Bathroom

Sale Includes : Other
Signage-| None
Price per SQFT | 110.32 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

| Price Per SQ.FT. 110.32 | Year Built: 0
No. of Units-| 3
Building Size | 17676
Building Type: Business | Multi-Family | Office | Retail
Sprinkler | Wet.
Garage And Parking: On-Site | Paved
Road Frontage: 247
Heating: Forced Air | Propane
Cooling: Central AC
Electric: Circuit Breaker(s) | On-Site
Utilities: Gas - LP/Bottle | Telephone At Site | Other
No. of Docks | 0.
No. of Drive Doors | 17676.
AC % | 100.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 1.79 acres
Zoned: Town Center*
Flood Zone: Yes
Road Frontage: 247
Transport Info: Major Road Access | Public Transportation | State Highway | Town Highway | Paved
Taxes $37,653  | Assesed Value $1,965,100 in 2022
15 Buck Rd. Hanover, NH 03755 603-643-3942

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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf