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    Property profile & analytics

    7 Central St Manchester, MA 01944-1309

    • Turn key restaurants
    • 6,473 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $890,000
    Last Sale
    Apr 22, 2024
    $900,000
    Location Intelligence
    Property ID
    US38-0965869
    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

    • Isalis / Jewelry Store / Gift Shop
    • Party City / Costume Store / Party Store
    • Skunk Funk / Corporate Campus / Wholesaler
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 7 Central St

    Year built
    1965
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    6,473 SF
    Zone code
    G
    Property type
    Turn key restaurants
    APN
    MANC M:0053 B:0000 L:0032
    APU
    MANCM0053B0000L0032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $910,000
      6.5%
      $1,010,000
      7%
      $900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $895,000
      Geo Method
      $860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $790,000
      Retail
      $765,000
      Mixed-Use
      $790,000
      Hospitality
      $775,000
      Educational
      $890,000
      Residential Income
      $850,000
      Energy
      $815,000
      Income-Based Land
      $830,000
      Food Service
      $925,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.772
    Latitude
    42.5756
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-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
    2024
    $10,895
    $392,600
    $772,600
    $1,165,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $320,000
      1,404 SF

      25 Un St

      RESTAURANT • 1,404 SF
      25 Un St, Manchester, MA 01944-1557
      View Details
    • Value Estimation by Request
      8,623 SF

      7 Bch St

      RETAIL STORES (PERSONAL SERVICES) • 8,623 SF
      7 Bch St, Manchester, MA 01944-1570
      View Details
    • Value Estimation
      $525,000
      1,012 SF

      36 Un St

      RETAIL STORES (PERSONAL SERVICES) • 1,012 SF
      36 Un St, Manchester, MA 01944-1553
      View Details
    • Value Estimation
      $290,000
      1,764 SF

      1 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 1,764 SF
      1 Elm St, Manchester, MA 01944-1314
      View Details
    • Value Estimation by Request
      3,654 SF

      17 Un St

      FINANCIAL BUILDING • 3,654 SF
      17 Un St, Manchester, MA 01944-1557
      View Details
    • Value Estimation
      $440,000
      2,652 SF

      35 Bch St

      RETAIL STORES (PERSONAL SERVICES) • 2,652 SF
      35 Bch St, Manchester, MA 01944-1547
      View Details

    Similar Nearby for Lease

    • $3,250 /Mo
      1,000 SF

      Manchester Retail/Office Space Available

      Versatile 1,000 SF space suitable for retail or office.
      4 Summer St, Manchester, MA 01944
      View Details
    • $650 /Mo

      Furnished Office Space in Manchester

      Top floor office space in downtown Manchester by the Sea.
      40 Beach St, Manchester, MA 01944
      View Details
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    7 Central St
    Manchester, MA 01944-1309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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