Auto Shop with Multiple Service
New
For Sale
$699,900
74 Eddy Rd, Manchester, NH 03102
Vehicle lifts, parts storage, a private office, restroom, and utility sink support the shop’s working layout.
Property Size4,612 SF
Days on Market7
Property Features for 74 Eddy Rd
General Information
Standard status
Active
Size
4,612 SF
Property subtype
Commercial
Additional Details
Asking Price
$699,900
Amenities
private office
parts and inventory storage area
restroom
utility sink
separate work areas
large windows
overhead doors
Building Details
Building Size
4,612 SF
Year Built
1973
Listed By:
Joseph Beauchemin · License #55807
(603) 488-6200
Source:
Elliman
Added: Oct 11
Last Checked: Oct 16 at 10:44AM
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 Joseph Beauchemin
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Investment Insights
Based on property information with market context.
The auto shop at 74 Eddy Road in Manchester has multiple service bays with overhead garage doors, vehicle lifts, concrete floors, and overhead lighting. Its layout also includes separate work areas, a private office, parts and inventory storage, a restroom, and a utility sink. Windows bring natural light into portions of the service area, and the garage doors provide vehicle access.
Built in 1973, the property is located in Manchester, New Hampshire, with access to surrounding communities and major travel routes. The Walk Score is 98 and the Bike Score is 54.
Built in 1973, the property is located in Manchester, New Hampshire, with access to surrounding communities and major travel routes. The Walk Score is 98 and the Bike Score is 54.
Key Highlights
- Multiple service bays with overhead garage doors and vehicle lifts
- Concrete workshop floors and overhead lighting
- Private office, parts and inventory storage, restroom, and utility sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,399
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,980
$808.0K
Cap Rate 7%
$577,129
$577.1K
Cap Rate 9%
$448,878
$448.9K
Market Conditions
NOI Build-Up for 4,612 SF
Gross rent
$60.9K $13.20/SF
− Vacancy
−$3.2K −$0.69/SF
EGI
$57.7K $12.51/SF
− OpEx
−$17.3K −$3.75/SF
NOI
$40.4K $8.76/SF
Area
Manchester, NH
Vacancy
5.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,980
Cap Rate 7%
$577,129
Cap Rate 9%
$448,878
Alternative Uses
Best Use
Retail
$946.4K
$828.1K – $1.10M
NOI $66,247 @ 7.0% cap · market cap 9.47%
Second Best
Industrial
$577.1K
$505.0K – $673.3K
NOI $40,399 @ 7.0% cap · market cap 5.77%
Theoretical Best
Specialty Retail
$1.13M
$991.0K – $1.32M
NOI $79,280 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,775
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 41%
Hotels & Casinos 5%
Dunkin' Donuts
Dining
18,148 visits/mo
0.1 miles
Shell
Shops & Services
7,943 visits/mo
0.3 miles
Mobil
Shops & Services
6,556 visits/mo
0.1 miles
Hampton Inn
Hotels & Casinos
1,686 visits/mo
0.5 miles
Domino's Pizza
Dining
1,519 visits/mo
0.5 miles
Demographics for 03102, NH
33,396
Population
15,264
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
9.1 sq mi
ZIP Area
3,670
Density / Sq Mi
$69,927
Median Household Income
$43,518
Median Earnings
$1,533
Median Rent
$309,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Prosource Auto Glass — 274 Main St, Manchester, NH 03102
- Inner City Auto Repair — 560 Elm St, Manchester, NH 03101
- Ennel's Auto Repair — Elm St, Manchester, NH 03101
- Doherty's Towing Services — 816 elm st #156, manchester, nh 03101
- CESAR'S MANCHESTER TOWINGS 24/7 — 99 manchester st, manchester, nh 03101
Frequently Asked Questions
What type of property is this?
Auto shop - Vehicle lifts, parts storage, a private office, restroom, and utility sink support the shop’s working layout.
Where is this auto shop located?
The property is located at 74 Eddy Rd Manchester, NH.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Multiple service bays with overhead garage doors and vehicle lifts; Concrete workshop floors and overhead lighting; Private office, parts and inventory storage, restroom, and utility sink
