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    Property profile & analytics
    OFF-MARKET Estimated value $2,040,000
    Commercial real estate

    16 Manning St, Derry, NH 03038-2388

    23,768 SF 0.72 ac lot Built 1900
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US58-0186046
    Property summary
    AI-generated overview

    This exceptional 24,148 square foot retail space, located at 16 Manning Street Unit 110 in Derry, NH, presents a rare opportunity. Situated within the renovated Granary of Derry, a historically significant building, this unit boasts a prime location directly off Route 102 (Broadway), near Exit 4 of I-93. The unit features convenient ground-level access directly from the parking area, offering excellent storefront visibility and accessibility for customers. The interior layout includes a spacious open retail or workspace area, complemented by multiple private offices or conference rooms, adaptable to various business needs. A private restroom adds to the unit's convenience. The unit also includes its own dedicated building signage, enhancing brand visibility. This space is the first unit in the plaza, ensuring optimal proximity to Route 102, maximizing exposure to high traffic volume. The Granary of Derry offers a blend of modern amenities and preserved historical charm. The building features central air conditioning and a sprinkler system, ensuring a comfortable and safe environment. The property includes a 0.72-acre lot with ample parking directly in front of the units and surrounding the building. The lease terms offer an excellent value, utilizing a modified gross lease structure where tenants are only responsible for separately metered utilities. The location benefits from its proximity to municipal services, restaurants, banks, and other convenient businesses. The unit's designated sign area complements the colonial architecture of the building, creating a cohesive and attractive aesthetic. This is an ideal space for retail, office, or professional uses.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1900
    Construction FRAME
    Total area 23,768 SF
    Lot 0.72 ac (31,363 SF)
    Zoning code CBD-TB
    APN DERY M:30 B:51
    UPID US58-0186046
    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
    • John Darak, Jr - State Farm Insurance Agent Insurance Agency
    • Mark Shearing, LADC Counselor
    • Karen Kelley, LADC Counselor
    • The Culinary Playground Vocational School Training Center
    • Recovery First Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.83M
    Blend (final) Blend
    $2.04M
    Owner & transaction history
    GRANARY DERRY INC
    GRANARY DERRY INC
    Zoning & alternative use
    CBD-TB · Derry, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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