16 South Willow St Active Save Request In-Person Tour Request Virtual Tour
Manchester,NH 03103
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73219296
Year Built 1915
Annual Tax Amount $7,096
Tax Year 2023
Lot Size 7,840 Sqft
Property Description
A solid easy money maker fully occupied bringing a 7% cap rate at current rents. The two upstairs tenants could be more bringing the rate to 8%.This building Class A space with a credit anchor tenant who has been there for 20 years and just signed a fresh 5 year extension. There are nooo capital improvementsneeded. Great location with high visibility, ample parking, easy access, and high (10,989 VPD 2022) traffic count. Separate HVAC, central air, gas, and electric.
Location
State NH
County Hillsborough
Zoning OFFICE BLD
Exterior
Utilities Available Public Water,Public Sewer