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Prime Manchester Redevelopment Opportunity
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365 Lincoln St, Manchester, NH 03103

14-acre parcel with redevelopment potential in Manchester, New Hampshire.

Property Size156,826 SF
Lot Size14.00 Acres
Days on Market129

Property Features for 365 Lincoln St

General Information

Standard status Active
Size 156,826 SF
Lot size 14.00 Acres
Property subtype Vacant-User

Amenities

A 13.8-acre covered land play in the heart of the most populous city in New Hampshire
First time the property has been brought to market
More than 15,000 vehicles pass the site daily
Recently passed state zoning law allows for an expansion of viable uses at this site by right
Roughly $100,000 in rent per month through the summer 2027 gives a buyer substantial cash flow while they solidify their future plans for the property
Located in a densely populated area, with more than 107,000 residents within three miles of the property
Ample opportunity for upside through partial or full redevelopment of the property

Building Details

Building Size 156,826 SF
Year Built 2005
Listing Agency: Boston Office
Listed By: Adam Cohen · License #License(s): MA: 9551336
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 8 Last Checked: Aug 9 at 4:31AM

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 Boston Office

Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire a nearly 14-acre parcel in Manchester, New Hampshire. The property is currently master leased by Stop & Shop, who subleases to a mix of local, regional, and national tenants across four buildings. A fifth building, previously occupied by a regional bank, is available for re-tenanting or redevelopment. The current Stop & Shop lease is expected to expire in 2027, coinciding with the expiration of virtually all current leases. This provides a new owner with options to negotiate lease extensions, redevelop the site entirely, or pursue a hybrid approach. The property generates roughly $100,000 in monthly rent from Stop & Shop through the summer of 2027. A new state law expands redevelopment options for commercially zoned land for residential use, coupled with an influx of residents from Massachusetts, potentially allowing for significant upside through site reimagining.

Key Highlights

  • Nearly 14‑acre parcel in the heart of Manchester, New Hampshire.
  • Significant redevelopment potential due to new state law allowing residential use by right.
  • Existing master lease with Stop & Shop provides approximately $100,000 in monthly rent through 2027.

Property Analytics

Current Use

Produce Depot Grocery & Convenience Store KeyMe Locksmiths Locksmith Coinstar Atm Price Rite Marketplace ... Grocery & Convenience Store Sky Zone Trampoline ... Arcade & Gaming Center

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Bakery Catering Service Acupuncture Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 03103, NH

38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 14-acre parcel with redevelopment potential in Manchester, New Hampshire.
Where is this commercial land located?
The property is located at 365 Lincoln St Manchester, NH.
What are key features of this property?
This property features: Nearly 14‑acre parcel in the heart of Manchester, New Hampshire.; Significant redevelopment potential due to new state law allowing residential use by right.; Existing master lease with Stop & Shop provides approximately $100,000 in monthly rent through 2027.
More about this property
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