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Property profile & analytics

262 Main St Manchester, NH 03102-4031

  • Investment properties
  • 1,946 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimation
$465,000
Last Sale
Nov 12, 2024
$490,000
Location Intelligence
Property ID
US58-0627359
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

by Realmo proprietary methodology Last update: July 3, 2025
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,558
$78,000
$216,700
$294,700
-
$0.00
$0.00
$0.00
More about this property
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