Second-Floor Office
For Sale
Contact for pricing
834 Elm Street, Manchester, NH 03101
A private balcony, central A/C, and sink add useful amenities to this upper-level workspace.
Property Size500 SF
Price / SF$2.00
Days on Market32
Property Features for 834 Elm Street
General Information
Standard status
Active
Size
500 SF
Elevators
Yes
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Additional Details
Floor
Second Floor
Property Use
Office
Amenities
two large closets
tall ceilings
central A/C
sink
little balcony
2 bathrooms on the floor
Building Details
Tenancy
Multi
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 4:03PM
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 Longview Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 500-square-foot office unit occupies the second floor of 834 Elm Street. The space includes two large closets, tall ceilings, central A/C, a sink, and a small balcony. An elevator serves the building.
Two bathrooms are located on the floor, which also includes a beauty salon and a photo studio.
Two bathrooms are located on the floor, which also includes a beauty salon and a photo studio.
Key Highlights
- Approximately 500 square feet on the building’s second floor
- Two large closets and tall ceilings
- Central A/C and an in‑unit sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,113
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,260
$82.3K
Cap Rate 7%
$58,757
$58.8K
Cap Rate 9%
$45,700
$45.7K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$6.1K $12.24/SF
− Vacancy
−$636 −$1.27/SF
EGI
$5.5K $10.97/SF
− OpEx
−$1.4K −$2.74/SF
NOI
$4.1K $8.23/SF
Area
Manchester, NH
Vacancy
10.40%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,260
Cap Rate 7%
$58,757
Cap Rate 9%
$45,700
Alternative Uses
Best Use
Office B
$58.8K
$51.4K – $68.6K
NOI $4,113 @ 7.0% cap · market cap 411.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$122.8K
$107.4K – $143.3K
NOI $8,595 @ 7.0% cap · market cap 860.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 03101, NH
3,885
Population
2,247
Households
1.7
Avg Household Size
35
Median Age
49%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
4,856
Density / Sq Mi
$80,483
Median Household Income
$56,974
Median Earnings
$1,587
Median Rent
$418,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A private balcony, central A/C, and sink add useful amenities to this upper-level workspace.
Where is this office unit located?
The property is located at 834 Elm Street Manchester, NH.
What are key features of this property?
This property features: Approximately 500 square feet on the building’s second floor; Two large closets and tall ceilings; Central A/C and an in‑unit sink
