Mixed-Use Property with Commercial
168 Wilson Street, Manchester, NH 03103
For Sale
$1,395,000
Seven occupied units accompany a vacant commercial suite with existing food-service equipment.
Property Size9,064 SF
Price / SF$153.91
Days on Market61
Property Features for 168 Wilson Street
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Utilities to Site
Additional Details
Gross Income
Equipment Included
Multifamily Units
Tenant in Place
Amenities
coin-op laundry
Building Details
Year Built
Tenancy
Listing Agency:
New Space Real Estate, LLC
(603) 242-1498
Listed By:
Tyler Allen · License #Tyler D Allen
(802) 376-6589
Source:
Longviewcre
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 8 at 8:00PM
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 New Space Real Estate, LLC
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Investment Insights
Based on property information with market context.
Built in 1910, this 9,064-square-foot mixed-use property at 168 Wilson Street includes seven occupied units and a vacant commercial space. The commercial area comes with walk-in coolers and freezers, along with an existing frying and duct system. Two residential leases are month-to-month, while other leases extend into 2027.
Property improvements made since 2022 include work to the deck, siding, paint and roof. Tenants pay their own utilities; ownership covers water and sewer. The building also has coin-operated laundry in the basement and off-street parking.
Property improvements made since 2022 include work to the deck, siding, paint and roof. Tenants pay their own utilities; ownership covers water and sewer. The building also has coin-operated laundry in the basement and off-street parking.
Key Highlights
- 9,064‑square‑foot mixed‑use property built in 1910
- Seven occupied units; leases extend into 2027, with two units month‑to‑month
- Vacant commercial space includes walk‑in coolers and freezers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,902
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,278,040
$2.3M
Cap Rate 7%
$1,627,171
$1.6M
Cap Rate 9%
$1,265,578
$1.3M
Market Conditions
NOI Build-Up for 9,064 SF
Gross rent
$217.5K $24.00/SF
− Vacancy
−$10.4K −$1.15/SF
EGI
$207.1K $22.85/SF
− OpEx
−$93.2K −$10.28/SF
NOI
$113.9K $12.57/SF
Area
Manchester, NH
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,278,040
Cap Rate 7%
$1,627,171
Cap Rate 9%
$1,265,578
Alternative Uses
Best Use
Apartment 5plus
$1.63M
$1.42M – $1.90M
NOI $113,902 @ 7.0% cap · market cap 8.17%
Second Best
Mixed Use
$1.45M
$1.26M – $1.69M
NOI $101,154 @ 7.0% cap · market cap 7.25%
Theoretical Best
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $155,810 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Hillsborough County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven occupied units accompany a vacant commercial suite with existing food-service equipment.
Where is this mixed-use property located?
The property is located at 168 Wilson Street Manchester, NH.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 9,064‑square‑foot mixed‑use property built in 1910; Seven occupied units; leases extend into 2027, with two units month‑to‑month; Vacant commercial space includes walk‑in coolers and freezers
