539 Maple St, Manchester, NH 03104

Building Details

Year Built 1920 More

Tenancy Multi More

Listing Agency: Elite CRL Realty LLC

Listed By: Wilma Willson Show Phone

Source: Katieoddy

Added: Aug 9 Changed: Oct 26 Last Checked: Oct 7 at 1:01PM

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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 Elite CRL Realty LLC

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Investment Insights

Based on property information with market context.

This mixed-use property at 539 Maple Street in Manchester, NH 03104 contains 2,284 square feet arranged among three units: one commercial space and two residential apartments. The commercial unit was formerly operated as a beauty salon, while the remaining units provide residential apartment space.

Built in 1920, the property has received several updates, including vinyl siding and new windows. Air conditioning is installed on the first floor, and the site provides eight on-site parking spaces. The combination of commercial and residential occupancy creates a straightforward mixed-use configuration with distinct unit types under one roof.

Key Highlights

• Three units: one commercial space and two residential apartments
• 2,284 SF mixed‑use property at 539 Maple Street
• Eight on‑site parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,822

Cap Rate

6.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$616,440 $616.4K

Cap Rate 7%

$440,314 $440.3K

Cap Rate 9%

$342,467 $342.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,284 SF

Gross rent

$46.6K $20.40/SF

− Vacancy

−$2.6K −$1.12/SF

EGI

$44.0K $19.28/SF

− OpEx

−$13.2K −$5.78/SF

NOI

$30.8K $13.49/SF

Area

Manchester, NH

Vacancy

5.50%

Lease Rate

$20.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$616,440

Cap Rate 7%

$440,314

Cap Rate 9%

$342,467

Alternative Uses

Best Use

Multifamily LT 5

$440.3K

$385.3K – $513.7K (±1% cap)

NOI $30,822 @ 7.0% cap · market cap 6.49%

Second Best

Apartment 5plus

$410.0K

$358.8K – $478.4K (±1% cap)

NOI $28,702 @ 7.0% cap · market cap 6.04%

Theoretical Best

Specialty Retail

$560.9K

$490.8K – $654.4K (±1% cap)

NOI $39,262 @ 7.0% cap · market cap 8.27%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Amylynn Walker Alternative Medicine Practice Miss Vicky's Day ... Hair Salon

Suggested Use

Top Pick Locksmith Bakery HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Butcher

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

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

3,038

Businesses Nearby

Explore this area Business Placement

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

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Includes a commercial suite, two apartments, and on-site parking.

Where is this mixed-use property located?

The property is located at 539 Maple St Manchester, NH.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Three units: one commercial space and two residential apartments; 2,284 SF mixed‑use property at 539 Maple Street; Eight on‑site parking spaces