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Multi-Tenant Retail Property
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Pending

516 Elm St, Manchester, NH 03101

Two commercial units include an upgraded restaurant space and drive-in access.

Property SizeContact for details
Days on Market145

Property Features for 516 Elm St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: NAI Norwood Group New Hampshire
Listed By: Nick Ackerman · License #NH 068399
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 11:16PM

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 NAI Norwood Group New Hampshire

Investment Insights

Based on property information with market context.

This multi-tenant retail property comprises two commercial units with distinct configurations. The first unit is a restaurant space measuring 3,300 SF and includes recent upgrades. The second unit totals 11,000 SF, with an 11-foot ceiling height and a drive-in door that supports practical goods movement and service access. Ample parking is also available on the property.

The address is 516 Elm St in downtown Manchester, New Hampshire, directly across from SNHU Arena. Its downtown setting places the property among local activity and visitor traffic, while the two-unit layout provides separate commercial spaces within one asset.

Key Highlights

  • Two‑unit retail property at 516 Elm St, Manchester, NH 03101
  • Restaurant unit measures 3,300 SF and includes recent upgrades
  • Second unit offers 11,000 SF with 11' ceilings

Property Analytics

Current Use

Starbridge Llc Shipping Company Gaslight District Diner Restaurant

Suggested Use

Top Pick Garden Center Auto Parts Store Building Supply Big Box & Wholesale Store Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,991
Businesses Nearby
123k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Shops & Services 28% Hotels & Casinos 14% Dining 12%
Market Basket Groceries
56,163 visits/mo 0.1 miles
7-Eleven Shops & Services
13,129 visits/mo 0.5 miles
DoubleTree by Hilton Manchester Downtown Hotels & Casinos
10,484 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,342 visits/mo 0.3 miles
Bank of America Shops & Services
7,448 visits/mo 0.2 miles

Demographics for 03101, NH

3,885
Population
2,247
Households
1.7
Avg Household Size
35
Median Age
49%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
4,856
Density / Sq Mi
$80,483
Median Household Income
$56,974
Median Earnings
$1,587
Median Rent
$418,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two commercial units include an upgraded restaurant space and drive-in access.
Where is this retail space located?
The property is located at 516 Elm St Manchester, NH.
What are key features of this property?
This property features: Two‑unit retail property at 516 Elm St, Manchester, NH 03101; Restaurant unit measures 3,300 SF and includes recent upgrades; Second unit offers 11,000 SF with 11' ceilings
(603) 930-0791 Call to check price and availability
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