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Property profile & analytics

650 Elm St Manchester, NH 03101

  • Hotels
  • 54,743 SF
Value Estimations
$820,000
Cap Rate Potential
Location Intelligence
Property ID
US58-0323945
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • North American Specialty Insurance / Insurance Agency
  • MEMIC Indemnity Co / Insurance Agency
  • Metropolitan Life Insurance Co: Barrett Kimberly / Insurance Agency
  • WBZ TV / Television Studio / Media Distribution
  • CBRE / Real Estate Agency

Property Details for 650 Elm St

Year built
1985
Construction
STEEL FRAME
Property size
54,743 SF
Property type
Hotels
APN
MNCH M:0150 B:000 L:0005A
APU
MNCHM0150B000L0005A

Description

This prestigious seven-story, Class A office building at 650 Elm Street in Manchester, New Hampshire, offers 98,845 square feet of desirable office space. The building boasts a polished corporate image with high-end finishes, an elegant lobby, and upscale common areas. State-of-the-art infrastructure and 24/7 on-site security ensure a safe and productive work environment. A significant 14,725 square feet of contiguous space is currently vacant, divisible into units as small as 1,924 square feet, offering flexibility for various business needs. Tenants benefit from an attached 1,000-vehicle parking garage, complete with a convenient amenity center including windshield washing, vacuuming, and tire inflation services. Enjoy dramatic views of downtown Manchester and Veterans Memorial Park. The building's central location at the intersection of Elm and Granite Streets provides easy access to downtown amenities, including the SNHU Arena, and is just two blocks from Interstate 293, Exit 5/Granite Street. This property is connected to the Hotel Manchester, offering added convenience and prestige. Located in Hillsborough County, this landmark property presents an unparalleled opportunity for businesses seeking a sophisticated and well-equipped office space in the heart of Manchester.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,015,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $627,000
    Market price range: $627k - $1.18M
  • Alternative Use

    Use
    Estimation
    HOTEL/MOTEL
    $835,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Manchester
County
Hillsborough
State
New Hampshire
Longitude
-71.4636
Latitude
42.9876
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$60,165
$0.00
$3,190,100
$3,190,100
-
$0.00
$0.00
$0.00
More about this property
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