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Retail Mixed-Use with Laundromat
For Sale
Contact for pricing
Pending

253 Lake Ave, Manchester, NH 03103

First-floor laundromat with seven additional units provides income-producing retail configuration and parking across the street.

Property SizeContact for details
Days on Market131

Property Features for 253 Lake Ave

General Information

Standard status Pending
Property subtype Retail, Land
Listing Agency: Des Rochers Real Estate Professionals
Listed By: Gary Karagianis · License #NH 049832
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Aug 17 at 8:18AM

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 Des Rochers Real Estate Professionals

Investment Insights

Based on property information with market context.

This for-sale retail mixed-use property includes a well-known Bird Bath Laundromat on the first floor, along with seven additional units that are currently generating rental income. The first-floor space is reported at 4,634+/- square feet, and the business and equipment are part of the opportunity as presented.

The property is located at 253 Lake Ave in Manchester, NH, and offers parking across the street for tenants and customers. A current COC dated March 22, 2021 is noted in the public remarks.

The available layout supports continuing to operate the laundromat or leasing the first-floor space for alternative retail or consignment-style uses, subject to applicable requirements.

Key Highlights

  • First‑floor Bird Bath Laundromat with 4,634+/- SF
  • Seven additional units in the building, providing additional rental income
  • Opportunity to continue operating the laundromat or lease the first floor for additional income

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Wine and Liquor Store Butcher Garden Center Locksmith

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

2,823
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 21% Groceries 13% Hotels & Casinos 4%
Dollar Tree Shops & Services
13,466 visits/mo 0.5 miles
7-Eleven Shops & Services
13,129 visits/mo 0.4 miles
Price Rite Groceries
12,209 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,957 visits/mo 0.4 miles
Family Dollar Shops & Services
9,436 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor laundromat with seven additional units provides income-producing retail configuration and parking across the street.
Where is this retail space located?
The property is located at 253 Lake Ave Manchester, NH.
What are key features of this property?
This property features: First‑floor Bird Bath Laundromat with 4,634+/- SF; Seven additional units in the building, providing additional rental income; Opportunity to continue operating the laundromat or lease the first floor for additional income
(603) 641-5905 Call to check price and availability
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