Prime Commercial Office Building in Downtown 99 Middle St 14,291 SF 50% Leased Office Building Manchester, NH 03101 $5,544,776 CAD ($387.99 CAD/SF)
EXECUTIVE SUMMARY
A rare opportunity to own a fully leased commercial office building located in the heart of Manchester, NH. This property offers 21+ private parking spaces with convenient electric car charging stations, catering to modern tenants’ needs. Recently updated, the building features high-speed internet, a new sprinkler system, and updated plumbing – making it a secure and efficient choice for businesses. With a 10-minute commute to Manchester Airport and just 54 minutes from Boston, this location is ideal for companies seeking easy access to major transport hubs. Whether you’re looking to invest or expand, this property presents significant potential in a thriving city center.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Sale Condition
REO Sale
Property Type
Office
Property Subtype
Building Size
14,291 SF
Building Class
B
Year Built
1953
Price
$5,544,776 CAD
Price Per SF
$387.99 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,146 SF
Building FAR
1.06
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
R-3 - Urban Multifamily District (R-3). The intent of this zoning district is to maintain the inner city neighborhoods
Parking
22 Spaces (1.54 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Kitchen
- Reception
- Car Charging Station
- Basement
- Central Heating
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Located in the heart of Manchester's business district, this 7,194 sqft second-floor office space offers a professional and versatile layout. The space features 13 private offices, 2 executive offices, 3 conference rooms, bathrooms, and is fully wired with CAT5 for seamless connectivity. With abundant natural light, a security system, and 12 dedicated parking spaces, this property provides the perfect balance of functionality and convenience. Situated just minutes from Route 3, I-93, I-293, and Manchester-Boston Regional Airport, this location offers exceptional accessibility for businesses of all types.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 7,194 SF | Office | - | Now |
2nd Floor
| Size |
| 7,194 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | MNCH-000152-000000-000016 | Total Assessment | $1,513,578 CAD |
| Land Assessment | $203,576 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,310,001 CAD | Tax Year | 2023 |
