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Property profile & analytics
FOR LEASE
Retail properties & Spaces

293 Elm St Manchester, NH 03101

7,696 SF 0.21 ac lot Built 1900
Entity Owned 2-yr Hold Free & Clear
Property ID
US58-0276370
293 Elm St, Manchester, NH 03101 For Lease
$8.95 SF/Yr 5,000 SF available
293 Elm St, Manchester, NH 03101
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Property summary
AI-generated overview

This exceptional mixed-use building offers flexible office space in the heart of Manchester, NH's vibrant downtown. Located directly on Elm Street, this two-story, 8,700 square foot building, constructed in 1900, provides convenient access to major roadways, including I-293, and is surrounded by a thriving commercial district. The property is zoned CBD and situated in Hillsborough County. Currently, 5,000 square feet of vacant space is available for lease, offering a unique opportunity for businesses seeking a prominent location. The space is divisible, with options ranging from 2,228 square feet to a maximum contiguous space of 5,000 square feet. Two individual units are available: Unit 2, offering approximately 2,772 square feet, will be available February 1st, 2025; and Unit 3, offering approximately 2,228 square feet. Units 2 and 3 can be combined to create a larger 5,000 square foot space. The building offers convenient on-site and on-street parking. Enjoy the benefits of a central location, surrounded by established businesses such as Antiques on Elm, Market Basket, Manchester Music Mill, and Triangle Credit Union. This is an ideal opportunity to establish a presence in a bustling downtown area with high visibility and accessibility.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,696 SF
Lot 0.21 ac (9,187 SF)
APN MNCH M:0166 B:000 L:0017
UPID US58-0276370
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
  • Ornate Beauty Studio Medical Clinic Skin Care Clinic
  • Alpha Nutrition (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$750k
Owner & transaction history
Jstar Bravo LLC · 2 yrs held
Jstar Bravo LLC
since 2024
Last sale
$750,000
5 recorded transactions
2024
$750,000
2019
$405,000
2014
Price N/A
2004
Price N/A
1999
$190,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.2M +11.4%
Industrial (general) $1.2M +8.6%
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