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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

123 Pleasant St Manchester, NH 03101

12,000 SF 7 ac lot Built 1992
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1992
Total area 12,000 SF
Lot 7 ac (304,920 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rice Hamilton Vacation Rental
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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