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Property profile

45 Market St Manchester, NH 03101

FOR LEASE
Office buildings
Property ID
US58-0317244
7,280 SF 0.21 ac lot Built 1932
Last sale Jan 2017 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a lower-level office suite within a stately brick and granite building located in downtown, adjacent to City Hall. It provides approximately 4,338 RSF of usable workspace and is arranged with multiple offices (10–11 rooms), a conference area, a storage vault, and a kitchenette, supporting both day-to-day office use and meeting functions. The suite has access to on-site and nearby parking lots for occupants and visitors. The lower-level space is configured to be leased separately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$831k
Assessed land$134k
Assessed improvement$697k
Effective rate1.89%

Value estimate

· Oct 2026
$895k
$806k – $985k
CAP approach$985k
Submarket $/SF estimate$787k
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$13k
Operating expenses−$28k
NOI · 423,025.00% cap applied$85k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
Submarket average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$98 – $296

Cap rate analysis

How does the asset earn?
423,025.00%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANCHESTER CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.9
Bakery8.6
Home Appliance Store8.5

Location

45 Market St Manchester, NH 03101
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Pearl, Manchester, NH 03101-1464 $1,050,000 Feb 2024 9,099 SF
70 Stark, Manchester, NH 03101-1980 $795,000 Nov 2023 5,330 SF
87 Central, Manchester, NH 03101 $585,000 Sep 2023 4,981 SF
70 Market, Manchester, NH 03101-1956 $890,000 Nov 2021 8,374 SF
195 Elm, Manchester, NH 03101-2706 $231,200 Feb 2021 3,489 SF
156 Hanover, Manchester, NH 03101-2213 $1,550,000 Jul 2020 16,532 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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