$1,000,000 | $223 per sq.ft.
Commercial Property, in 16 South Willow Street Manchester NH | Space type MLS# 4989539
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Listed by Steve CotranRE/MAX Area Real Estate Network LTD on March 28th 2024
16 South Willow Street Manchester NH 03103
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DESCRIPTION
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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
Traffic Count-|
Price per SQFT | 222.82 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS
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| Price Per SQ.FT. 222.82 | Year Built: 1915
No. of Units-| 3
Building Size | 4488
Available SQFT | 4488
Basement: Full
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Building Type: Office
Roof: Membrane
Garage And Parking: On-Site | Parking Spaces 11 - 20
Road Frontage: 115
Heating: Forced Air
Cooling: Central AC
Electric: Circuit Breaker(s)
Utilities: Cable - Available
No. of Docks | 0.
No. of Drive Doors | 4488.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Zoned: OFFICE BLDG
Flood Zone: No
Road Frontage: 115
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Taxes $7,096 | Assesed Value $0 in |
