305 Massabesic St Manchester, NH 03103
- Industrial properties
- 16,304 SF
- 0.96 lot acres
Current Use by Public Records
- Ty-Flot, Inc. / Manufacturer
- RJM Family Properties, LLC / Property Management Company
- Seamans Supply Co Inc / Electrical Supply Store
- Rexel / Electrical Supply Store / Electrical Equipment Supplier
- Capital Lighting & Supply / Distribution Service
Property Details for 305 Massabesic St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.96 lot acres
- Property size
- 16,304 SF
- Property type
- Industrial properties
- APN
- MNCH M:0123 B:000 L:0001
- APU
- MNCHM0123B000L0001
Description
This exceptional Manchester, NH property offers a unique blend of office and warehouse space, ideal for a variety of businesses. Located at 305 Massabesic Street, this two-story building, constructed in 1900, boasts a total of 45,165 square feet of warehouse space and an additional 6,215 square feet of flexible space on a 2.12-acre lot. The property is zoned R-2 and offers multiple tenancy options, with individual office and suite spaces available for lease, ranging from a minimum of 882 square feet to a maximum contiguous space of 6,050 square feet. Currently, 8,493 square feet are vacant and ready for immediate occupancy. Its prime location provides easy access to Interstate 93 and is just minutes away from the vibrant downtown area of Manchester, offering unparalleled convenience and accessibility. This versatile property presents a rare opportunity to secure a well-situated commercial space in a thriving New Hampshire market. The property's combination of warehouse and office space makes it suitable for a wide range of businesses seeking flexible and adaptable work environments. Don't miss this chance to establish your business in this highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,590,000
- 6.5%
- $2,460,000
- 7%
- $2,500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,290,000
- Geo Method
- $2,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,170,000
- Retail
- $2,760,000
- Mixed-Use
- $2,520,000
- Hospitality
- $2,150,000
- Educational
- $2,480,000
- Residential Income
- $2,730,000
- Energy
- $2,300,000
- Income-Based Land
- $2,545,000
- Food Service
- $2,565,000
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4417
- Latitude
- 42.9833
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
