Three-Unit Mixed-Use
49 Massabesic Street, Manchester, NH 03104
For Sale
$725,000
A diner business and its equipment are included alongside a barbershop and laundromat.
Property Size3,177 SF
Price / SF$228.20
Days on Market385
Property Features for 49 Massabesic Street
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Amenities
Yes
High Speed Intrnt Avail
Business Opportunity
Retail
1
Class B
Interior
Concrete Floor
3
000
Public
Smoke/Heat Detectors,In-Unit Bathroom
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Coldwell Banker Realty Nashua
Listed By:
Kathleen DeMello · License #062833
(603) 233-3673
Source:
Lesliedrownrealestate
Added: Oct 21, 2025
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
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 Coldwell Banker Realty Nashua
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 3,177-square-foot commercial property contains three retail units occupied by a diner, a barbershop, and a laundromat. The diner business and its equipment are part of the sale, and the diner has a 45-year history. A full basement provides storage and includes a walk-in cooler used for the diner’s operations.
Built in 1900, the property is zoned Commercial and is located at 49 Massabesic Street in Manchester, New Hampshire.
Built in 1900, the property is zoned Commercial and is located at 49 Massabesic Street in Manchester, New Hampshire.
Key Highlights
- 3,177‑square‑foot building with three retail units
- Diner business and equipment included in the sale
- Tenant mix includes a diner, barbershop, and laundromat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,613
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,260
$1.1M
Cap Rate 7%
$780,186
$780.2K
Cap Rate 9%
$606,811
$606.8K
Market Conditions
NOI Build-Up for 3,177 SF
Gross rent
$76.2K $24.00/SF
− Vacancy
−$3.4K −$1.08/SF
EGI
$72.8K $22.92/SF
− OpEx
−$18.2K −$5.73/SF
NOI
$54.6K $17.19/SF
Area
Manchester, NH
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,260
Cap Rate 7%
$780,186
Cap Rate 9%
$606,811
Alternative Uses
Best Use
Specialty Retail
$780.2K
$682.7K – $910.2K
NOI $54,613 @ 7.0% cap · market cap 7.53%
Second Best
Retail
$651.9K
$570.4K – $760.6K
NOI $45,634 @ 7.0% cap · market cap 6.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 26%
Groceries 23%
Electronics 3%
Dollar Tree
Shops & Services
13,466 visits/mo
0.4 miles
Price Rite
Groceries
12,209 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,957 visits/mo
0.5 miles
Family Dollar
Shops & Services
9,436 visits/mo
0.3 miles
SUBWAY
Dining
2,742 visits/mo
0.5 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
Properties on Market for Mixed-use properties in Hillsborough County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A diner business and its equipment are included alongside a barbershop and laundromat.
Where is this mixed-use property located?
The property is located at 49 Massabesic Street Manchester, NH.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,177‑square‑foot building with three retail units; Diner business and equipment included in the sale; Tenant mix includes a diner, barbershop, and laundromat
