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    OFF-MARKET
    Investment properties

    262 Main St, Manchester, NH 03102-4031

    1,946 SF 0.11 ac lot Built 1910
    Individually Owned 1-yr Hold Absentee Owner
    Property ID
    US58-0627359
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 262 Main Street in Manchester, New Hampshire, presents a fantastic opportunity for entrepreneurs seeking a well-located space. Currently configured as a hair salon, this property offers versatility and is ready for immediate occupancy. Its convenient west side Manchester location, just off Exit 5, provides effortless access to downtown Manchester and major highways, ensuring excellent visibility and accessibility for clients and employees. The property's precise square footage is not currently specified. The building sits on a lot with no acreage listed. The monthly rental rate is $1500. Tenants are responsible for maintaining the property's utilities, including heat, electricity, phone, internet, and snow removal. This ensures cost-effectiveness and allows for customized utility management. Landlord responsibilities are limited to water and sewer services, simplifying the tenant experience. This property's strategic location and manageable utility arrangement make it an attractive option for a diverse range of commercial ventures. The existing salon setup provides a potential head start for similar businesses, while the adaptable space allows for creative customization to suit various needs. Inquire today to explore the possibilities this prime Manchester location offers.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1910
    Construction FRAME
    Total area 1,946 SF
    Lot 0.11 ac (5,000 SF)
    APN MNCH M:0190 B:000 L:0009
    UPID US58-0627359
    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
    • Adorehair Hair Salon
    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
    Ferney O Mora · 1 yrs held
    Ferney O Mora
    since 2024
    Last sale
    $490,000
    7 recorded transactions
    2024
    $490,000
    2018
    2017
    $100,000
    2016
    $122,533
    2011
    $105,000
    2006
    $290,000
    2005
    $270,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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