8025 S Willow St Manchester, NH 03103
- Industrial properties
- 24,120 SF
- 3.57 lot acres
Current Use by Public Records
- Accounting Elements / Accounting Firm / Tax Preparation
- Express Employment Professionals / Employment Agency
- Chapman Construction/Design / Construction Company / General Contractor
- Bath Planet New Hampshire / Renovation Specialist / General Contractor
- Clear Choice Home Improvements / Roofing Company / General Contractor
Property Details for 8025 S Willow St
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 3.57 lot acres
- Property size
- 24,120 SF
- Property type
- Industrial properties
- APN
- MNCH M:0844 B:000 L:0007
- APU
- MNCHM0844B000L0007
Description
This exceptional commercial property at 8025 South Willow Street offers a rare opportunity to lease flexible office and industrial space in a highly desirable Manchester location. The property comprises two well-maintained buildings totaling 24,000 square feet, constructed in 1987. Currently, 4,000 square feet of space is available for lease, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 2,000 square feet. The property is zoned for General Industrial use and features convenient on-site property management. Building 1, where the available units are located, offers a variety of configurations to suit diverse business needs. Unit 106, a 2,000 square foot space on the first floor, boasts a convenient drive-in bay in the rear, ideal for loading and unloading. Unit 201, also 2,000 square feet, is located on the second floor and provides ample office space. Both units are adaptable and can be reconfigured to meet specific tenant requirements. The building includes elevator access for ease of movement between floors and attractive exterior lighting. This property benefits from an excellent location on South Willow Street, providing easy access to major transportation arteries, including I-293 (via Exit 1) and I-93 (via Exit 5). The surrounding area is rich with amenities, including the Manchester-Boston Regional Airport, the Mall of New Hampshire, a US Post Office, and numerous restaurants and retail establishments. This is an unparalleled opportunity to secure high-quality commercial space in a thriving and convenient location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,520,000
- 6.5%
- $3,250,000
- 7%
- $3,020,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,884,000
- AI Estimate
- $4,528,000
Market price range: $2.57M - $5.88MMarket price range: $527k - $4.63M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,690,000 Current use
- RESTAURANT
- $5,405,000 Change: +46% Conversion: Difficult
- OFFICE BUILDING
- $4,400,000 Change: +19% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,035,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $3,400,000 Change: -8% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4269
- Latitude
- 42.9412
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA