Prime Commercial Office Building in Downtown99 Middle St14,291 SF51% LeasedOffice BuildingManchester, NH 03101$4,827,153 CAD ($337.78 CAD/SF)4.50% Cap Rate
INVESTMENT HIGHLIGHTS
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.
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)
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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
Office/Residential
OfficeLoft Creative Space
Office Medical
Office/Residential
Building Size
14,291 SF
Building Class
B
Year Built
1953
Price
$4,827,153 CAD
Price Per SF
$337.78 CAD
Cap Rate
4.50%
NOI
$217,308 CAD
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,146 SF
Building FAR
1.06
Lot Size
0.31 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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
2nd Floor
7,068 SF
Office
Full Build-Out
Now
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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
7,068 SF
Office
Full Build-Out
Now
2nd Floor
Size
7,068 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
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Size
7,068 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
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.
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
Parcel Number
MNCH-000152-000000-000016
Total Assessment
$1,503,044 CAD
Land Assessment
$202,160 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Improvements Assessment
$1,300,884 CAD
Tax Year
2023
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Floor Plan (2&3rd Floor Available)
Listing ID: 33646165
Date on Market: 2024-10-25
Last Updated: 2025-04-09
Address: 99 Middle St, Manchester, NH 03101
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