Turnkey Retail
For Sale
Contact for pricing
489 Maple Street, Manchester, NH 03104
An open interior supports a range of customer-facing retail or service operations.
Property Size1,000 SF
Price / SF$1.10
Days on Market45
Property Features for 489 Maple Street
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
Corey Square
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Sep 16
Changed: Oct 28
Last Checked: Oct 28 at 2:54PM
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 Longview Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail storefront offers approximately 1,000 square feet of open floor area in a turnkey condition. The flexible interior is suited to customer-facing commercial use, with the available facts supporting an open layout rather than a more specific room configuration.
The property is located at 489 Maple Street in Manchester, New Hampshire.
The property is located at 489 Maple Street in Manchester, New Hampshire.
Key Highlights
- Approximately 1,000 square feet of retail space
- Open floor area
- Turnkey condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,364
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,280
$287.3K
Cap Rate 7%
$205,200
$205.2K
Cap Rate 9%
$159,600
$159.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$20.5K $20.52/SF
− OpEx
−$6.2K −$6.16/SF
NOI
$14.4K $14.36/SF
Area
Manchester, NH
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,280
Cap Rate 7%
$205,200
Cap Rate 9%
$159,600
Alternative Uses
Best Use
Retail
$205.2K
$179.6K – $239.4K
NOI $14,364 @ 7.0% cap · market cap 1,305.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$245.6K
$214.9K – $286.5K
NOI $17,190 @ 7.0% cap · market cap 1,562.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,851
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
7-Eleven
Shops & Services
9,687 visits/mo
0.3 miles
Domino's Pizza
Dining
2,999 visits/mo
0.2 miles
Pizza Hut
Dining
2,333 visits/mo
0.1 miles
Demographics for 03104, NH
34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Crimson & Clover Florist LLC — 27 W Merrimack St, Manchester, NH 03101
- Barrett Wholesale Co — 431 Maple St, Manchester, NH 03103
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior supports a range of customer-facing retail or service operations.
Where is this storefront property located?
The property is located at 489 Maple Street Manchester, NH.
What are key features of this property?
This property features: Approximately 1,000 square feet of retail space; Open floor area; Turnkey condition
