31 Auburn St Manchester, NH 03103
- Auto shops
- 10,318 SF
- 0.38 lot acres
Current Use by Public Records
- The Martial Arts Zone, LLC / Jujitsu School / Kickboxing School
- Sergio Sagastume / Auto Repair Shop
Property Details for 31 Auburn St
- Year built
- 1960
- Construction
- STEEL FRAME
- Lot size
- 0.38 lot acres
- Property size
- 10,318 SF
- Property type
- Auto shops
- APN
- MNCH M:0144 B:000 L:0007
- APU
- MNCHM0144B000L0007
Description
This exceptional 0.38-acre corner lot in Manchester, NH's vibrant Downtown Core (DT-2) District presents a compelling redevelopment opportunity. Located just two blocks from the SNHU Arena, this property boasts a 10,318 square foot existing industrial building, currently divided into three units, each approximately 3,439 square feet. The building features 16-foot ceilings and offers significant potential for adaptive reuse or complete redevelopment. The permitted CBD Arena Overlay zoning allows for a wide range of uses, including apartments, hotels, restaurants, parking structures, and various retail options. The asking price is $1,495,000, translating to $144.89 per square foot and $498,333.33 per unit. Built in 1960, this single-story building sits on a 0.38-acre lot (APN: 0144/0007/0000) and presents a unique chance to capitalize on Manchester's thriving downtown area. The property's prime location and flexible zoning make it an ideal investment for developers seeking a high-impact project in a dynamic urban setting. This is a rare opportunity to acquire a substantial property in a highly sought-after location with immense potential for future growth and profitability. The existing structure provides immediate income potential while offering the flexibility to create a truly transformative development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4623
- Latitude
- 42.9848
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA