6,500 SF Vacant + Income | Manchester, NH
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in Manchester, NH, US
Listing was updated on: 04/19/2021
Property Overview
| Price/Rent PSF | $ 950,000.00 |
| Asset Type | Retail |
| Trade Type | Sale |
| SQ. FT. Available | Inquire |
| Date Available | 04/19/2021 |
| Additional URL | Link |
| Parking | 21 |
| Floors | 1 |
| Building size | 10318 |
| Additional parameters | Show |
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Description
Location
In close proximity to the SNHU Arena, 31 Auburn Street is situated directly off of Elm Street on Route 3 in Manchester which has a traffic count of over 21,000 vehicles per day. This is an extremely rare opportunity to own a property in a high commercially trafficked area. The surrounding establishments include office buildings, restaurants, taverns, night clubs as well as the SNHU Arena which houses sporting events, concerts, presidential speeches and other live events. Manchester offers easy access to the interstate highway system including I-93 and I-89 as well as to the New Hampshire State Highway and Turnpike systems.
Sale
Be your own landlord while collecting rent. 31 Auburn is a single-story 10,318 SF building that is leased to two tenants generating $48,000 income. Sergios Auto Repair has been a tenant for 10+ years, and the warehouse tenant is currently at will. The 6,500+/- SF building features an oversized gym/training area, multiple private offices, storage rooms, a reception area and a full kitchen. Due to the close proximity to the SNHU Arena, the property brings in an additional $20,000+/- from parking during the summer months. The seller is operating a Martial Arts Studio in the building and may have a desire to lease back some space for 3-6 months while they transition their business. Call MANSARD today to schedule a complimentary tour of the property.
Location