75 Canal StManchester, NH 03101

  • Other commercial real estate
  • 5,200 SF
For Lease
$18/SF/YR View listing

Property Details for 75 Canal St

Year built
1914
Construction
FRAME
Lot size
2.31 AC
Property size (Sq ft)
5,200 SF
Property type
Other commercial real estate
APN
MNCH M:0149 B:000 L:0024
APU
MNCHM0149B000L0024

Description

This exceptional 1,349 square foot street retail space is located in a brand-new, Class A, four-story mixed-use building at 75 Canal Street in Manchester, NH. The building, completed in 2024, boasts a total of 92,500 square feet and includes 250 market-rate apartments. This single-tenant space offers high visibility due to its location between the SNHU Arena and Market Basket, benefiting from significant drive-by and pedestrian traffic. Situated in a vibrant downtown area, this "vanilla box" space provides an excellent opportunity for a tenant to customize the build-out to their specific needs. The property sits on 2.38 acres of land and offers easy access to major transportation routes. Anticipated availability is mid-September. This is a rare opportunity to establish a presence in a thriving, newly developed area of Manchester, benefiting from the high density of residents in the adjacent apartment building and the significant foot and vehicle traffic generated by the nearby arena and supermarket. The space is ideal for a variety of retail uses and presents a strong investment opportunity in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $984,043
    Hospitality
    $901,378
    Educational
    $749,936
    Medical
    $775,728
    Retail
    $1,166,568
75 Canal St, Manchester, New Hampshire

Location Insight

City
Manchester
County
Hillsborough
State
New Hampshire
Latitude
42.9856
Longitude
-71.4639
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
$78,959
$147,900
$4,038,700
$4,186,600
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