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    912 Somerville St Manchester, NH 03103

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    For Lease
    $21 SF/Yr ($3,011 /Mo)

    Recently renovated retail space with equipment and parking.

    Property size:
    1,681 SF
    Lot size:
    0.23 Acres

    Property Features for 912 Somerville St

    General Information

    Size
    1,681 SF
    Lot size
    0.23 Acres

    Source: NAI Norwood Group Agent Chris Norwood

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

    Overview

    Renovated Retail Space with Equipment

    The interior of this 1,681-square-foot space was completely renovated during the Summer of 2022. It is located in the R-2 zone with a variance to add the sale of pizza to the existing convenience store. The space includes two electric mini-split units in the main dining room with an outside compressor, a 75-gallon natural gas hot water heater in the basement, and a natural gas furnace also in the basement. It also features a grease trap, a three-bay sink, hand sinks, and two 10-foot exhaust hoods with two exhaust fans located on the roof. A unisex handicapped bathroom includes one sink and one toilet. The property also has a walk-in cooler with two exchanges and a compressor for the walk-in cooler located outside, as well as a makeup air unit located outside. The basement houses a three-phase power panel and a single-phase power panel. A fully functional walk-in cooler has display doors. The parking lot was paved in the Summer of 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tropical food to go ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Gossellins Superette Inc, Price Rite Marketplace of Manchester

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4400202
    Latitude
    42.9766741

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    FAQs

    What type of property is this?
    Grocery and convenience store - Recently renovated retail space with equipment and parking.
    Where is this grocery and convenience store located?
    The property is located at 912 Somerville St Manchester, NH.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Renovated interior (Summer 2022).; - Variance for pizza sales in existing convenience store (R-2 zone).; - Fully functional walk-in cooler with display doors.
    (603) 668-7000
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    912 Somerville St Manchester, NH 03103
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    Manchester, NH 03103
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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
    912 Somerville St Manchester, NH 03103
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