$1,000,000
( $222.00Per Sq Foot )
 $5,368 forsale estimated payment Sourced by Back At You

16 South Willow Street , Manchester, NH 03103

Manchester, NH 03103

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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.

Details

Mls4989539
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1915
Days On Site256
Listing Provided ByRE/MAX Area Real Estate Network LTD | Steve Cotran

Features

Sq Feet4,488
BasementY
Units3
ZoningOFFICE BLDG

Market Activity 03103



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Learn More About This Property

StateNH
CountyHillsborough
CityManchester
Zip Code03103
Listing VS Median (in 03103)
Price:
$1,000,000
low | high
Med:
$359,900
100% of Average
SqFt:
4,488
low | high
Med:
2,280
99.197860962567% of Average
$ / SqFt:
$223
low | high
Med:
$158
79.156526315789% of Average
On Site:
256
low | high
Med:
95.000000
100% of Average
Sourced by Back At You
Listing Updated: September 19, 2024 at 5:30:02 AM PDT