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Property profile & analytics
FOR LEASE
Industrial properties

223 2Nd St Manchester, NH 03102

36,808 SF 0.69 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US58-0263126
Property summary
AI-generated overview

This exceptional Manchester, NH industrial property offers 39,139 square feet of warehouse and flex space, ideally suited for multiple tenants. The building, constructed in 1920 and featuring two stories, provides flexible options ranging from 2,000 to 24,200 contiguous square feet. Currently, 32,736 square feet are available for lease. The property boasts two loading docks and one drive-in door, with potential for expansion. Power is supplied by a 1200A, 340V, 3-phase system. Located at 223 Second St, Manchester, NH 03102, this B-2 General Business zoned property offers convenient access to I-293 and is just 25 minutes from the Massachusetts border. Ample parking is available across the street. This versatile space is perfect for businesses seeking a well-located, adaptable industrial solution in a thriving downtown area. The property's central location and flexible space options make it an attractive opportunity for a variety of industrial and flex-use tenants. The existing infrastructure, including loading docks and ample power, ensures efficient operations. The potential for additional drive-in access further enhances the property's functionality and appeal.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 36,808 SF
Lot 0.69 ac (30,209 SF)
APN MNCH M:0200 B:000 L:0018
UPID US58-0263126
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k
Owner & transaction history
Tamco LLC · 4 yrs held
Tamco LLC
since 2022
Last sale
$950,000
1 recorded transaction
2022
$950,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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