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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

167 Elm St Manchester, NH 03101-2706

4,293 SF 0.09 ac lot Built 1969
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US58-0242384
Property summary
AI-generated overview

This exceptional commercial space, located at 167 Elm Street in Manchester, New Hampshire, offers 2,200 square feet of versatile open space on the entire second floor. The property boasts large windows providing panoramic views of Elm Street and abundant natural light. The interior features attractive luxury vinyl plank (LVP) flooring, high ceilings, and an open layout ideal for a variety of businesses. Two conveniently located bathrooms enhance functionality. A private entrance ensures exclusive access, while four dedicated off-street parking spaces, supplemented by ample free street parking, eliminate parking hassles. The building is owner-occupied on the first floor, guaranteeing consistent maintenance. Excellent signage opportunities on Elm Street provide high visibility for business promotion. The property sits on a 0.09-acre lot and is zoned RDV, allowing for a wide range of business uses. Previously used as a fitness center, this 2,200 square foot space is move-in ready. The total building size is 4,293 square feet. The asking lease price is $2750. Don't miss this opportunity to secure a thriving business location in a desirable Manchester neighborhood.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,293 SF
Lot 0.09 ac (4,000 SF)
APN MNCH M:0167 B:000 L:0007A
UPID US58-0242384
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
  • Good Training LLC Gym & Fitness Center
  • Mercy of God African Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mercy Of God African Mark · 4 yrs held
Mercy Of God African Mark
since 2021
Last sale
$450,000
4 recorded transactions
2021
$450,000
2018
$250,000
2012
$251,000
2005
$475,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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