262 Main St Manchester, NH 03102-4031
- Investment properties
- 1,946 SF
- 0.11 lot acres
Current Use by Public Records
- Adorehair / Hair Salon
Property Details for 262 Main St
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property size
- 1,946 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- MNCH M:0190 B:000 L:0009
- APU
- MNCHM0190B000L0009
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $355,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $355,000
- Mixed-Use
- $425,000
- Hospitality
- $415,000
- Educational
- $345,000
- Residential Income
- $395,000
- Energy
- $435,000
- Income-Based Land
- $330,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4743
- Latitude
- 42.9882
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA