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    293 Elm St Manchester, NH 03101

    For Lease
    $8 SF/Yr ($6,488 /Mo)

    Prime Elm Street Office Suites, 2,228-5,000 SF

    Lot size:
    8,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use building offers flexible office space in the heart of Manchester, NH's vibrant downtown. Located directly on Elm Street, this two-story, 8,700 square foot building, constructed in 1900, provides convenient access to major roadways, including I-293, and is surrounded by a thriving commercial district. The property is zoned CBD and situated in Hillsborough County. Currently, 5,000 square feet of vacant space is available for lease, offering a unique opportunity for businesses seeking a prominent location. The space is divisible, with options ranging from 2,228 square feet to a maximum contiguous space of 5,000 square feet. Two individual units are available: Unit 2, offering approximately 2,772 square feet, will be available February 1st, 2025; and Unit 3, offering approximately 2,228 square feet. Units 2 and 3 can be combined to create a larger 5,000 square foot space. The building offers convenient on-site and on-street parking. Enjoy the benefits of a central location, surrounded by established businesses such as Antiques on Elm, Market Basket, Manchester Music Mill, and Triangle Credit Union. This is an ideal opportunity to establish a presence in a bustling downtown area with high visibility and accessibility.

    Property Features for 293 Elm St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,700 SF
    Total Rate
    6488.75

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 2
    Size
    5,000 SF
    Rate per SF
    $8
    Space
    Unit 3
    Size
    5,000 SF
    Rate per SF
    $8

    HighLights

    • 8,700 total square feet in a mixed‑use building.
    • 2,228 minimum divisible space; 5,000 maximum contiguous space.
    • 5,000 square feet currently vacant.
    • Two‑story building constructed in 1900.
    • Located in Hillsborough County's Central Business District (CBD) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ornate Beauty Studio Permanent Make-Up Clinic Alpha Nutrition Vitamin & Supplements Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4626347
    Latitude
    42.9822276

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Elm Street Office Suites, 2,228-5,000 SF
    Where is this office property / space located?
    The property is located at 293 Elm St Manchester, NH.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 8,700 total square feet in a mixed-use building.; 2,228 minimum divisible space; 5,000 maximum contiguous space.; 5,000 square feet currently vacant.
    Request Owner's contact information
    293 Elm St Manchester, NH 03101
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    Realmo Value Estimation

    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.

    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.

    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
    293 Elm St Manchester, NH 03101
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