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Historic Manchester School Redevelopment Opportunity
For Sale
$800,000

555 Cedar St, Manchester, NH 03103

Redevelopment opportunity in Manchester with over 40,000 square feet.

Property Size44,389 SF
Price / SF$20
Days on Market123

Property Features for 555 Cedar St

General Information

Standard status Active
Size 44,389 SF
Property subtype Commercial

Building Details

Building Size 44,389 SF
Year Built 1896
Listing Agency: Keller Williams Realty-Metropolitan
Listed By: Michael Caouette
Source: Elliman
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 7:05AM

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 Keller Williams Realty-Metropolitan

Investment Insights

Based on property information with market context.

The former Wilson Street School in Manchester presents a redevelopment opportunity with over 40,000 square feet of usable space. This property is offered for sale by the City of Manchester and is suited for adaptive reuse and long-term value creation. The building's construction and architectural features provide a foundation for redevelopment strategies. Potential uses include residential housing, mixed-use development, institutional or educational facilities, medical or wellness space, private school operations, recreational use, or a community-focused center. The property allows for repositioning to meet market demands. A newer boiler system has been installed within the last few years. Multiple environmental reports are available. The property also benefits from onsite parking. The location has a bike score of 62, indicating it is bikeable, and a walk score of 83, indicating it is very walkable.

Key Highlights

  • Premier redevelopment opportunity with over 40,000 sq ft of usable space.
  • Ideally positioned for adaptive reuse with potential for residential, mixed‑use, institutional, or community‑focused development.
  • Onsite parking**, a rare and valuable amenity.

Property Analytics

Current Use

Wilson Elementary School High School Amoskeag Health at Henry ... Community Health Centre

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Florist Clothing & Fashion Store

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

1,600
Businesses Nearby

Demographics for 03103, NH

38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
School - Redevelopment opportunity in Manchester with over 40,000 square feet.
Where is this school located?
The property is located at 555 Cedar St Manchester, NH.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Premier redevelopment opportunity with **over 40,000 sq ft of usable space**.; Ideally positioned for adaptive reuse with potential for residential, mixed‑use, institutional, or community‑focused development.; Onsite parking**, a rare and valuable amenity.
More about this property
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