123 Pleasant St Manchester, NH 03101
- Retail properties
- 12,000 SF
- 7.00 lot acres
Current Use by Public Records
- Rice Hamilton / Furnished Apartment Building / Hotel
Property Details for 123 Pleasant St
- Year built
- 1992
- Lot size
- 7.00 lot acres
- Property size
- 12,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional opportunity to acquire a well-established, profitable retail nursery in Manchester, New Hampshire. This single-story, 12,000-13,000 square foot storefront, situated on a 7-8 acre lot, has been a family-owned and operated business for over 32 years. The property, built in 1992 and extensively renovated in 2023, boasts a Class B rating and is zoned for commercial use. The business enjoys high traffic in an affluent community, generating sales exceeding $2 million annually. The diverse product line includes live plants, garden supplies, pet food, patio furniture, gifts, and seasonal items, catering to a broad customer base. A modern point-of-sale system ensures efficient inventory management and sales tracking, targeting a younger, online demographic. Regional advertising through online platforms, direct mail, and radio contributes to strong brand recognition and consistent sales. This owner/user investment presents a unique blend of real estate and a thriving business, offering significant potential for growth and return. A non-disclosure agreement is required before providing further financial details and the exact business location. The property includes one building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4661
- Latitude
- 42.9888