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6,500 SF Vacant + Income | Manchester, NH

6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH 6,500 SF Vacant + Income | Manchester, NH

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

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