2650 Brown Ave Manchester, NH 03103-6812
- Turn key restaurants
- 2,173 SF
- 0.40 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2650 Brown Ave
- Year built
- 1969
- Construction
- FRAME
- Lot size
- 0.40 lot acres
- Property size
- 2,173 SF
- Property type
- Turn key restaurants
- APN
- MNCH M:0695 B:000 L:0001
- APU
- MNCHM0695B000L0001
Description
This exceptional 2,948 square foot commercial property at 2650 Brown Avenue in Manchester, NH, presents a unique investment opportunity. Situated on a 0.4-acre lot with excellent visibility on Brown Avenue, its prime location offers easy access to the airport, ensuring high traffic volume. The building boasts a recent comprehensive renovation, including new flooring, windows, roof, and doors. The interior features two bathrooms and multiple separate rooms, perfectly suited for a variety of uses. Previously operating as a restaurant and nightclub, the adaptable layout is ideal for a convenience store, smoke shop, offices, restaurant, retail establishment, or even a church. The ample 30+ car parking lot provides convenient access for customers and employees. A significant advantage is the walk-out lower level, offering additional space perfect for subleasing to generate supplemental income. The landlord has already approved subleasing options, making this an attractive proposition for investors seeking to maximize their return. A minimum two-year lease is preferred, but terms are negotiable. This property represents a rare chance to acquire a fully renovated, versatile commercial space in a high-demand location. The asking price is $825,000. MLS 5024878.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $346,000
- AI Estimate
- $141,000
Market price range: $270k - $748kMarket price range: $134k - $273k
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Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.454
- Latitude
- 42.9373
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA