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    1631 Elm St Manchester, NH 03101

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    For Lease
    Contact for pricing

    Retail space with drive-thru in densely populated Manchester neighborhood.

    Property size:
    11,180 SF
    Lot size:
    4.14 Acres

    Property Features for 1631 Elm St

    General Information

    Size
    11,180 SF
    Lot size
    4.14 Acres

    Source: WRE Commercial Brokers Agent Jay Wise

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space with Drive-Thru

    Located in the northern part of the Downtown neighborhood bordering the North End of Manchester, this property features a land area of 1.31 acres. It is situated in a densely populated area with 46,000 people residing within a 1.5-mile radius. The property has 60 parking spaces and a drive-thru. The building has 11,180 square feet of retail space. The location benefits from high traffic, with an average daily traffic count of 11,851. The assessed value is $1,864,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Cardtronics ATM Atm CDReload - Online Bitcoin ... Crypto Atm Coinhub Bitcoin ATM ... Atm Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4638862
    Latitude
    43.0017414

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail space with drive-thru in densely populated Manchester neighborhood.
    Where is this drive through restaurant located?
    The property is located at 1631 Elm St Manchester, NH.
    What are key features of this property?
    This property features: - Located in the Downtown neighborhood bordering the North End of Manchester; - High population density: 46,000 people within a 1.5 mile radius; - Includes **60 parking spaces and a drive-thru**
    (207) 329-3499
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    1631 Elm St Manchester, NH 03101
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    Manchester, NH 03101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1631 Elm St Manchester, NH 03101
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