450 Hanover St Manchester, NH 03104-5101
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.
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Apwu American Postal Workers Union Advocacy Group
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.