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    Manchester Industrial Building For Sale Title is generated by Realmo AI

    231 Woodland Ave, Manchester, NH

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    6,160 SF industrial building near I-93 in Manchester, NH.

    Type:INDUSTRIAL
    Property size:
    6,160 SF
    Lot size:
    0.54 Acres
    Price / SF:
    $113/SF
    Added:
    Aug 13, 2025
    Days on Market:
    303
    Last Refresh:
    May 20 at 8:45 pm

    Property Features for 231 Woodland Ave

    General Information

    Standard status
    Active
    Size
    6,160 SF
    Lot size
    0.54 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Dan Scanlon, JD, CCIM

    Listing agent Dan Scanlon, JD, CCIM

    Listing office Colliers

    Listing date Aug 13, 2025

    Source Moodyscre

    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 Colliers

    HighLights

    • Convenient location: Just 3 minutes from I‑93 and nearby downtown Manchester.
    • Newly renovated office space with kitchenette and break room.
    • 6,160± SF industrial building on 0.54± acres.
    • Includes a 22’ x 36’ x 20’ Rock Solid Shelter.
    • Features an 8’ x 10’ loading dock.
    • 10’ clear height in warehouse space.

    Overview

    This 6,160± SF industrial building is available for sale in Manchester, NH, situated on a 0.54± acre lot. The property was most recently utilized as a warehouse. The building features newly renovated office space at the front, including a kitchenette and break room, with warehouse space in the rear. It also includes an 8’ x 10’ loading dock, a 10’ clear height, and a 22’ x 36’ x 20’ Rock Solid Shelter. The property is located approximately 3 minutes from I-93 and is near downtown Manchester.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $73.9k $12.00
    − Vacancy −$3.5k −$0.58
    EGI $70.4k $11.42
    − OpEx −$10.6k −$1.71
    NOI $59.8k $9.71
    6,160 SF · lease $12.00/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $854.5K
    $747.7K – $996.9K (±1% cap)
    NOI $59,816 @ 7.0% cap · market cap 8.56%
    Second Best
    Industrial
    $770.8K
    $674.5K – $899.3K (±1% cap)
    NOI $53,959 @ 7.0% cap · market cap 7.72%
    Theoretical Best
    Specialty Retail
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,890 @ 7.0% cap · market cap 15.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Source1Logistics Warehouse & Storage Quick Dumpster Rental ... Waste Management Facility

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Extra Space Storage — 901 Candia Rd, Manchester, NH 03109

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4254
    Latitude
    42.986

    FAQs

    What type of property is this?
    Warehouse - 6,160 SF industrial building near I-93 in Manchester, NH.
    Where is this warehouse located?
    The property is located at 231 Woodland Ave Manchester, NH.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Convenient location: Just 3 minutes from I‑93 and nearby downtown Manchester.; Newly renovated office space with kitchenette and break room.; 6,160± SF industrial building on 0.54± acres.
    (603) 860-1806 Call to check price and availability
    More about this property
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