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Established Manchester Commercial Property

72 & 80 Old Granite Street Manchester, NH 03101

72 & 80 Old Granite Street, Manchester, NH, 03101
$1,700,000
For Sale
$1,700,000

Sale-leaseback opportunity with two established local businesses as tenants.

Property Size10,908 SF
Price / SF$155.85
Days on Market242

Property Features for 72 & 80 Old Granite Street

General Information

Standard status
Active
Size
10,908 SF
Property subtype
Industrial

Building Details

Year Built
1900
Listing Agency SVN The Masiello Group
Listed by Brian Dano, CCIM · License #NH #076668
Source Svn
Added: Nov 21, 2025 Updated: Jul 6 at 8:54 am Checked: Jul 19 at 4:15 am

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 SVN The Masiello Group


Investment Insights

Based on property information with market context.

This commercial property in Manchester, New Hampshire, offers a sale-leaseback opportunity featuring two local businesses: Home Town Coffee Roasters and Republic Brewing. The leaseback will commence upon the sale of the property. Manchester, situated on the Merrimack River, is the tenth-most populous city in New England, with a population of 115,644 as of the 2020 census. The property is located in a prime location and has a total size of 10,908 square feet. The investment offers X Cap Rate and Y IRR.

Key Highlights

  • Prime location in Manchester, NH.
  • Two established tenants, Home town Coffee Roasters and Republic Brewing, provide immediate income.
  • Sale‑leaseback structure ensures continued occupancy and rental income stream.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.0k $13.20
− Vacancy −$7.5k −$0.69
EGI $136.5k $12.51
− OpEx −$40.9k −$3.75
NOI $95.5k $8.76
10,908 SF · lease $13.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$2.68M
$2.34M – $3.13M (±1% cap)
NOI $187,509 @ 7.0% cap · market cap 11.03%
Second Best
Retail
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,683 @ 7.0% cap · market cap 9.22%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Breweries

Suggested Use

Building Supply Garden Center Auto Parts Store Big Box & Wholesale Store Dental Office Storage Facility HVAC Service Bakery Wine and Liquor Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Brewery - Sale-leaseback opportunity with two established local businesses as tenants.
Where is this brewery located?
The property is located at 72 & 80 Old Granite Street Manchester, NH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime location in Manchester, NH.; Two established tenants, Home town Coffee Roasters and Republic Brewing, provide immediate income.; Sale‑leaseback structure ensures continued occupancy and rental income stream.
Contact an agent
More about this property
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