Financial
Distress signals
Property profile

649 2Nd St Manchester, NH 03102

FOR SALE
Other investment properties
Property ID
US58-0021097
2,819 SF 0.23 ac lot Built 1894
Last sale Jun 2023 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Property summary

AI-generated overview

This three-unit mixed-use property consists of one commercial unit and two residential apartments within a single building. The layout supports independent occupancy, with separate entrances for the commercial portion and the residential apartments. The property includes off-street parking. It is located in Manchester’s B-2 General Business District on a high-visibility street with convenient access to downtown Manchester and major highways, and it is in an area with nearby retail, dining, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$296k
Assessed land$89k
Assessed improvement$207k
Effective rate1.89%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$445k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$3k
Operating expenses−$29k
NOI · 5.06% cap applied$35k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$163/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$92 – $252
Qualifying comparables10

Cap rate analysis

How does the asset earn?
5.06%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANCHESTER CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center11.3
Storage Facility10.8
Pawn Shop10.7

Location

649 2Nd St Manchester, NH 03102
County assessor Recorded deeds · 11 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
84 Putnam, Manchester, NH 03102-3936 $450,000 Feb 2026 3,968 SF
258 Varney, Manchester, NH 03102-4216 $652,000 May 2024 3,244 SF
610 Frnt, Manchester, NH 03102-2610 $260,000 Mar 2023 1,899 SF
46 Holly, Manchester, NH 03102-1313 $339,000 Sep 2019 1,778 SF
400 Kelley, Manchester, NH 03102-2904 $280,000 May 2019 3,309 SF
234 Main, Manchester, NH 03102-5319 $125,000 Feb 2019 4,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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