$ 1,000,000
16 South Willow St Manchester, NH 03103
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,000,000
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Active
16 South Willow St Manchester, NH 03103
7,840 Sqft Lot
UPDATED:
09/19/2024 10:53 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73219296
HOA Y/N false
Year Built 1915
Annual Tax Amount $7,096
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
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 improvementsneeded. 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 Hillsborough
Zoning OFFICE BLD
Direction Use GPS
Exterior
Utilities Available Public Water, Public Sewer
Waterfront false
Total Parking Spaces 8
Others
Senior Community false
Listed by RE/MAX Area Real Estate Network