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Property profile & analytics
OFF-MARKET
Specialty properties

450 Hanover St Manchester, NH 03104-5101

3,124 SF 0.23 ac lot Built 1958
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US58-0052215
Property summary
AI-generated overview

This 3,124 square foot freestanding building, situated on 0.22 acres in Hillsborough County, presents a unique opportunity for a variety of uses. Built in 1958 and extensively renovated in 2024, the single-story structure boasts a 10-foot ceiling height, creating a spacious and adaptable interior. The property is zoned R2 and features a fenced perimeter for enhanced security and privacy. Ample street parking is available. The building includes two bathrooms and a 200 Amp 3-phase 230 VAC power supply. While there is no elevator, the single-story design ensures easy accessibility. The property taxes are $1.98 per square foot. Tenants are responsible for grounds maintenance, snow removal, property taxes, and building insurance. This versatile space is perfect for businesses seeking a well-maintained, conveniently located building with ample space and parking. The adaptable layout makes it suitable for office, assembly, or educational purposes. The recent renovation ensures modern functionality and comfort. This is a rare opportunity to lease a fully renovated, freestanding building in a desirable location.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1958
Construction FRAME
Total area 3,124 SF
Lot 0.23 ac (10,125 SF)
APN MNCH M:0076 B:000 L:0013
UPID US58-0052215
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
  • Apwu American Postal Workers Union Advocacy Group
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Mjt Sales LLC · 2 yrs held
Mjt Sales LLC
since 2024
Last sale
$308,000
3 recorded transactions
2024
$308,000
2014
$275,100
1996
$87,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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