Multi-Tenant Flex
For Sale
$3,875,000
305 Massabesic St, Manchester, NH 03103
Industrial property with available second-floor office and storage space.
Property Size46,307 SF
Price / SF$83.68
Days on Market116
Property Features for 305 Massabesic St
General Information
Standard status
Active
Size
46,307 SF
Property subtype
Warehouse
Amenities
Strategic Industrial Location | Four Minutes From I-93 | Five Miles From Manchester-Boston Regional Airport
Multi-Tenant Industrial Asset | 46,307 SF on 2.12 Acres | Low Market Vacancy | 2.5 Year WALT
Priced Below Replacement Cost at $83.68/SF With a 7.01% Cap Rate on In-Place Income | Stable Cash Flow With Embedded Upside
Functional Flexibility | 12' to 24' Ceiling Heights | Multiple Building Sections Appeal to a Broad Range of Industrial Users
Double Digit Yield Potential | 9,047 SF of Vacancy Creates Near-Term Lease-Up Upside | Below Market Rents
Building Details
Building Size
46,307 SF
Year Built
1968
Listing Agency:
Marcus & Millichap - Boston
(617) 896-7218
Listed By:
Mattias Edenkrans · License #License(s): MA: 9583516
(617) 896-7218
Source:
Marcusmillichap
Added: May 8
Changed: Aug 30
Last Checked: Aug 30 at 12:55PM
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 Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
This multi-tenant flex property contains approximately 46,307 square feet across a 2.12-acre site. Building areas offer ceiling heights ranging from 12 to 24 feet, along with 75 parking spaces and approximately 9,047 square feet of second-floor office and storage area. The available space may be converted to storage, subject to applicable requirements.
The property is located on Massabesic Street in Manchester, approximately four minutes from Interstate 93, five miles from Manchester-Boston Regional Airport, and minutes from Downtown Manchester. Zoning is identified as R-2 / RDV Commercial / Industrial.
Occupancy is reported at 81%, with tenants representing wholesale electrical distribution, branded apparel, commercial printing, and vehicle graphics. Multiple building sections and varied ceiling heights provide a flexible physical configuration for industrial and flex operations.
The property is located on Massabesic Street in Manchester, approximately four minutes from Interstate 93, five miles from Manchester-Boston Regional Airport, and minutes from Downtown Manchester. Zoning is identified as R-2 / RDV Commercial / Industrial.
Occupancy is reported at 81%, with tenants representing wholesale electrical distribution, branded apparel, commercial printing, and vehicle graphics. Multiple building sections and varied ceiling heights provide a flexible physical configuration for industrial and flex operations.
Key Highlights
- Approximately 46,307 SF multi‑tenant flex property on 2.12 acres
- Approximately 9,047 SF of available second‑floor office/storage area
- Ceiling heights range from 12 to 24 feet
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,558
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property with available second-floor office and storage space.
Where is this flex space located?
The property is located at 305 Massabesic St Manchester, NH.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: Approximately 46,307 SF multi‑tenant flex property on 2.12 acres; Approximately 9,047 SF of available second‑floor office/storage area; Ceiling heights range from 12 to 24 feet
