Listing courtesy of Steven Cotran, RE/MAX Area Real Estate Network Phone: 603-580-4808
16 South Willow St, Manchester, NH, 03103
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 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.
Status:
Active
Type:
Commercial
Zoning:
OFFICE BLD
Parking:
8-car
Acreage:
0.18
Est. Taxes:
$7,096
Utilities
Public Water, Public Sewer
MLS #:
4989539