31 Auburn St Manchester, NH 03103-6224
This exceptional 0.38-acre corner lot in Manchester, NH's vibrant Downtown Core (DT-2) District presents a compelling redevelopment opportunity. Located just two blocks from the SNHU Arena, this property boasts a 10,318 square foot existing industrial building, currently divided into three units, each approximately 3,439 square feet. The building features 16-foot ceilings and offers significant potential for adaptive reuse or complete redevelopment. The permitted CBD Arena Overlay zoning allows for a wide range of uses, including apartments, hotels, restaurants, parking structures, and various retail options. The asking price is $1,495,000, translating to $144.89 per square foot and $498,333.33 per unit. Built in 1960, this single-story building sits on a 0.38-acre lot (APN: 0144/0007/0000) and presents a unique chance to capitalize on Manchester's thriving downtown area. The property's prime location and flexible zoning make it an ideal investment for developers seeking a high-impact project in a dynamic urban setting. This is a rare opportunity to acquire a substantial property in a highly sought-after location with immense potential for future growth and profitability. The existing structure provides immediate income potential while offering the flexibility to create a truly transformative development.
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Sergio Sagastume Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.