16 South Willow ST, Manchester, NH 03103 – 4989539

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Lisa Sevajian

lisa.sevajian@compass.com +1(978) 457-3406

Listed by Steve Cotran • RE/MAX Area Real Estate Network LTD

$ 1,000,000

Est. payment -/mo

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16 South Willow ST Manchester, NH 03103

4,488 SqFt

UPDATED:

12/16/2024 11:56 AM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $222

MLS Listing ID 4989539

Year Built 1915

Annual Tax Amount $7,096

Tax Year 2023

Property 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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning OFFICE BLDG

Rooms

Basement Entrance Interior

Basement Full

Interior

Cooling Central AC

Inclusions Land/Building

Exterior

Parking Features On-Site, Parking Spaces 11 - 20

Garage Description On-Site, Parking Spaces 11 - 20

Utilities Available Cable - Available

Roof Type Membrane

Building

Foundation Block

Sewer Public

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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Lisa Sevajian

16 South Willow ST Manchester, NH 03103

Key Details

Location

Rooms

Interior

Exterior

Building

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16 South Willow ST