270 Amory StManchester, NH 03102

  • Retail properties
  • 19,988 SF
For Lease
$5/SF/YR View listing

Property Details for 270 Amory St

Year built
1952
Construction
STEEL FRAME
Lot size
2.71 AC
Property size (Sq ft)
19,988 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
MNCH M:0388 B:000 L:0027
APU
MNCHM0388B000L0027

Description

This exceptional two-story commercial property at 270 Amory Street in Manchester, New Hampshire, offers a diverse range of spaces ideal for various businesses. The 34,477 square foot building, constructed in 1952, sits on a 2.71-acre lot and is zoned R-2/B-1 (APN 388-27). Currently, there are 12,350 square feet of vacant space available, divisible into units ranging from a minimum of 950 square feet to a maximum contiguous space of 3,875 square feet. The property features both executive office suites and contractor bays, providing flexibility for a variety of tenants. Contractor units, accessible via a dedicated entrance and drive-in doors, range from approximately 750 to 2,500 square feet. This multi-tenant building offers a convenient location in a thriving community, just minutes from Route 293, Catholic Medical Center (CMC), McGregor Mill, and points west towards Pinardville and Goffstown. The property's attractive rental rates make it an excellent opportunity for businesses seeking a well-situated and versatile space. The building consists of one structure with two stories.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,857,782
    6.5%
    $4,484,106
    7%
    $4,163,813
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,581,313
    Geo Method
    $6,581,313
  • Alternative Use

    Use
    Valuation
    Residential
    $3,782,512
    Hospitality
    $3,464,760
    Educational
    $2,882,640
    Medical
    $2,981,778
    Retail
    $4,484,106
270 Amory St, Manchester, New Hampshire

Location Insight

City
Manchester
County
Hillsborough
State
New Hampshire
Latitude
42.9929
Longitude
-71.4812
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,750
$306,900
$1,058,400
$1,365,300
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-
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