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Listed by Steve Cotran • RE/MAX Area Real Estate Network LTD
$1,000,000
Est. payment /mo
4,488 SqFt
Active
16 South Willow ST Manchester, NH 03103
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UPDATED:
09/19/2024 12:08 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
Heating Gas - Natural
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
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