159 S Main St
Manchester, NH 03102
MLS ID# 4845859 Active
Business
$295,000
Map Layers
Details for 159 S Main St, Manchester NH 03102
Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and an open concept floorplan with large deck overlooking the river. Extra $400/month income from billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected income or $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.
Features and Details
- List Price $295,000
- Category Commercial
- Type Business
- Village/Neighborhood
- Submarket
- County Hillsborough
- Lot SQFT 4792
- SQFT - Total Available 4471 sqft
- Acreage 0.11
- MLS ID# 4845859
- Annual Expenses/Income
- Income: 46128
- Apx Bldg SqFt
- 4471
- Basement
- Dirt Floor, Unfinished, Yes
- Construction
- Wood Frame
- # of Stories
- 3
- Cooling
- None
- Heating
- Hot Air, Hot Water
- Parking
- Driveway, Garage, Off Street, On-Site, On Street, Parking Spaces 2
- Lot Description
- River Frontage
- Operating Expense Inc
- Heat, Insurance, Utilities, Water/Sewer
- Siding
- Vinyl Siding
- Total
- Units: 3
- Utilities
- Cable - Available
- Natural Gas
- Yes
- Water
- Public
- Sewer
- Public
- Zoning
- B2
- Property Types
- Business, Multi-Family, Office, Retail
- Deed
- Book: 9034, Page: 1244
- Foreclosed/Bank-Owned
- Foreclosed/Bank-Owned: No
- Delayed Showings
- No
- Sale Includes
- Garage, Building
- Sale Type
- Sale
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