First-Floor Office
For Sale
Contact for pricing
103 Bay Street, Manchester, NH 03104
Street-level entry and shared bathroom and kitchenette access support practical day-to-day office use.
Property Size800 SF
Price / SF$1.62
Days on Market94
Property Features for 103 Bay Street
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Site & Location
Neighborhood
Straw/ Smyth
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
1
Property Use
Office
Amenities
shared bathroom
kitchenette
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Jul 29
Changed: Oct 28
Last Checked: Oct 28 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longview Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 103 Bay Street, Unit L is an approximately 800-square-foot office suite on the first floor. The space has street-level access, with a shared bathroom and kitchenette available to occupants. Off-street parking is provided.
The property is in Manchester, minutes from downtown, I-93, Route 101, public transit, local shops, and essential services.
The property is in Manchester, minutes from downtown, I-93, Route 101, public transit, local shops, and essential services.
Key Highlights
- Approximately 800 square feet on the first floor
- Street‑level access and off‑street parking
- Shared bathroom and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,580
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,600
$131.6K
Cap Rate 7%
$94,000
$94.0K
Cap Rate 9%
$73,111
$73.1K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$9.8K $12.24/SF
− Vacancy
−$1.0K −$1.27/SF
EGI
$8.8K $10.97/SF
− OpEx
−$2.2K −$2.74/SF
NOI
$6.6K $8.23/SF
Area
Manchester, NH
Vacancy
10.40%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,600
Cap Rate 7%
$94,000
Cap Rate 9%
$73,111
Alternative Uses
Best Use
Healthcare Medical
$146.2K
$127.9K – $170.6K
NOI $10,233 @ 7.0% cap · market cap 790.19%
Second Best
Office B
$94.0K
$82.3K – $109.7K
NOI $6,580 @ 7.0% cap · market cap 508.11%
Theoretical Best
Specialty Retail
$196.5K
$171.9K – $229.2K
NOI $13,752 @ 7.0% cap · market cap 1,061.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
Explore this area
Business Placement
Demographics for 03104, NH
34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Street-level entry and shared bathroom and kitchenette access support practical day-to-day office use.
Where is this office unit located?
The property is located at 103 Bay Street Manchester, NH.
What are key features of this property?
This property features: Approximately 800 square feet on the first floor; Street‑level access and off‑street parking; Shared bathroom and kitchenette
