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    Manchester Flex Space For Lease Title is generated by Realmo AI

    76 Maple Street, Manchester, NH 03103

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    Commercial For Lease - Manchester, NH

    Property size:
    2,453 SF
    Lot size:
    1.01 Acres
    Added:
    Jan 23, 2025
    Days on Market:
    474
    Last Refresh:
    May 12 at 2:06 am

    Property Features for 76 Maple Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active
    Size
    2,453 SF
    Lot size
    1.01 Acres

    Utilities

    Heating system
    Forced Air, Oil
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1940
    Roof type
    Flat, Tar/Gravel
    Architectural style
    Other

    We can help!

    Listing Contact
    Krissy LaPorte

    Listing agent Krissy LaPorte

    Listing office Keller Williams Realty-Metropolitan 168 South River Rd., Bedford, NH

    Listing date Jan 23, 2025

    MLS# 5027475 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ample on‑site parking with overnight parking permitted.
    • ±2,453 SF of first‑floor contractor/flex space ideal for trades and service‑based businesses.
    • Convenient access to major roadways.
    • Functional layout with office, storage, and staging space.
    • Two separate entrances allowing for separation of access.
    • Additional second‑floor storage space available.

    Overview

    Approximately 2,453 square feet of first-floor contractor/flex space is available for lease at 76 Maple Street in Manchester, NH. The space is well-suited for trades, service-based businesses, and dispatch-based operations. The first floor provides a functional layout for day-to-day operations, including office, storage, and staging space. Two separate entrances allow for the separation of visitor and employee access if needed. The property features ample on-site parking at the front and side of the building. Overnight parking is permitted, making it ideal for businesses needing convenient storage for vehicles, trailers, or equipment. Additional second-floor space is available and currently configured for storage use. This area can be made available at a negotiated rate for tenants seeking supplemental storage or expansion space. Located between Cilley Road and Somerville Street, the property offers convenient access to major roadways, supporting efficient operations throughout Manchester and the surrounding areas. The property is a functional, flexible opportunity for users seeking practical space that can accommodate a variety of operational needs. The lot size is 1.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baths by Bill Renovation Specialist Bill Trombly Plumbing ... Plumbing Service Allied Septic Service Plumbing Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • 603 Charcuterie — 252 Willow St, Manchester, NH 03103
    • T-BONES Meats, Sweets, and Catering — 66 Union St, Manchester, NH 03103

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4537942
    Latitude
    42.9752892

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    FAQs

    What type of property is this?
    Flex space - First-floor flex space suitable for trades and service-based businesses.
    Where is this flex space located?
    The property is located at 76 Maple Street Manchester, NH.
    What are key features of this property?
    This property features: Ample on‑site parking with overnight parking permitted.; **±2,453 SF of first‑floor contractor/flex space** ideal for trades and service‑based businesses.; Convenient access to major roadways.
    (603) 232-8282
    We can help!
    Listing Contact
    Krissy LaPorte
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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