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16 South Willow StreetManchester, NH 03103MLS Number 4989539

  • Price: $1,000,000
  • 175 Days on Market
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Federal 30-year interest rate: 6.2% last updated on Sep 12, 2024
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16 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 0310316 South Willow Street Manchester NH 03103
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  • 1915Year Built
  • 4,488Square Feet
  • 2023Tax Year
  • OfficeType
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.
Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

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Gilman Real Estate

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Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

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Tax Information

  • Tax Year2023

Building

  • Year Built1915
  • NumberOfUnitsInCommunity3
  • FoundationBlock
  • Square Feet4,488
  • Available Sqft4,488
  • BasementFull

Exterior

  • RoofMembrane

Utilities

  • FuelGas - Natural
  • Heating CoolingForced Air

Basic Information

  • StatusACT
  • Modification Date09/19/2024
  • TypeOffice
  • List Price$1,000,000
  • Broker NameRE/MAX Area Real Estate Network LTD
  • Listing Agent NameSteve Cotran
  • Lister Office NameRE/MAX Area Real Estate Network LTD
  • MLS Number4989539
  • MLS StatusActive

Amenities

  • PricePerSqFt222.82

Other

  • Date Listed03/29/2024
  • View Count1

Location

  • Building Number16
  • StreetSouth Willow Street
  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • Map357

Property

  • Parking Spaces
  • Property TypeCommercial Sale
  • Road Frontage115

Legal

  • Taxes$7,096
  • OtherStructuresLand/Building
  • ZoningOFFICE BLDG

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 19, 2024 7:40 PM EDT

 

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