For Sale
$1,495,000

31 Auburn St Manchester, NH 03103

Downtown Manchester Flex Space, 10,318 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.38-acre corner lot in Manchester, NH's vibrant Downtown Core (DT-2) District presents a compelling redevelopment opportunity. Located just two blocks from the SNHU Arena, this property boasts a 10,318 square foot existing industrial building, currently divided into three units, each approximately 3,439 square feet. The building features 16-foot ceilings and offers significant potential for adaptive reuse or complete redevelopment. The permitted CBD Arena Overlay zoning allows for a wide range of uses, including apartments, hotels, restaurants, parking structures, and various retail options. The asking price is $1,495,000, translating to $144.89 per square foot and $498,333.33 per unit. Built in 1960, this single-story building sits on a 0.38-acre lot (APN: 0144/0007/0000) and presents a unique chance to capitalize on Manchester's thriving downtown area. The property's prime location and flexible zoning make it an ideal investment for developers seeking a high-impact project in a dynamic urban setting. This is a rare opportunity to acquire a substantial property in a highly sought-after location with immense potential for future growth and profitability. The existing structure provides immediate income potential while offering the flexibility to create a truly transformative development.

Highlights

  • $1,495,000 asking price for a 10,318 SF flex industrial property.
  • .38-acre corner lot in Manchester, NH's Downtown Core District, two blocks from the SNHU Arena.
  • Existing 10,318 SF industrial building with three units, offering redevelopment potential.
  • Suitable for diverse uses including apartments, hotels, restaurants, parking structures, and retail, within the CBD Arena Overlay zoning.
  • Property features 16' ceilings and is situated on a 0.38-acre lot (APN: 0144/0007/0000).

Property Details for 31 Auburn St

Property type
Industrial properties, Flex space
Square Feet
10,318 SF
Year Built
1960
Buildings
1
Stories
1
Lot Size (sq. ft)
16,553 SF
Units
3

Location Insight

City
Manchester
County
Hillsborough
State
New Hampshire
Latitude
42.9848514
Longitude
-71.4623113

FAQs

What type of property is this?
Industrial property - Downtown Manchester Flex Space, 10,318 SF
Where is the industrial property located?
The property is located at 31 Auburn St Manchester, NH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: $1,495,000 asking price for a 10,318 SF flex industrial property.; .38-acre corner lot in Manchester, NH's Downtown Core District, two blocks from the SNHU Arena.; Existing 10,318 SF industrial building with three units, offering redevelopment potential.
How can I contact the broker?
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31 Auburn St
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