Listed by Steve Cotran with RE/MAX Area Real Estate Network LTD 603-626-5000

Active

16 South Willow Street

Manchester NH, 03103

$1,000,000


$222.82 per sqft

Active

3 Baths

4,488 sqft

Commercial

Built in 1915

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.

4989539

MLS ID

March 29, 2024

Listed

January 6, 2025

Updated

Map

16 South Willow Street
Manchester NH, 03103

Interior Features

Total Bathrooms

3


Fireplace

No


Cooling

Yes


Cooling Description

Central AC


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Roof

Membrane


Sewer

Public

Other Property Details

Area Name

NH-Hillsborough


Taxes

$7,096


Tax Frequency

Annually


Days on Market

263


Garage

No


Parking

On-Site, Parking Spaces 11 - 20


View

No


Pool

No

Listed by Steve Cotran with RE/MAX Area Real Estate Network LTD 603-626-5000

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