889 Elm StManchester, NH 03101
- Office properties
- 43,546 SF
Property Details for 889 Elm St
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 43,546 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- MNCH M:0201 B:000 L:0033
- APU
- MNCHM0201B000L0033
Description
889 Elm Street, a Class A, six-story office building in Manchester, NH's central business district (CBD), offers exceptional space for lease. Located at the corner of Elm and Hanover Streets, directly across from City Hall, this prominent building boasts 43,546 square feet of traditional office space. The brick-clad structure features two high-speed elevators, ensuring efficient access to all six floors. Multiple tenancy options are available, with spaces ranging from a minimum of 1,203 square feet to a maximum contiguous space of 7,201 square feet. Currently, 15,775 square feet is vacant and ready for immediate occupancy. The building was constructed in 1985 and sits on a 0.16-acre lot. Its convenient location provides easy access to city amenities and excellent visibility. The property's APN is 0201//0033, and it is zoned for CBD use. This is a rare opportunity to secure high-quality office space in a highly desirable location within Hillsborough County. The building's modern amenities and prime location make it an ideal choice for businesses seeking a prestigious address in the heart of Manchester. Contact us today to learn more about the available spaces and lease terms.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,199,454
- 6.5%
- $6,645,650
- 7%
- $6,170,961
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,689,720
- Geo Method
- $5,689,720
-
Alternative Use
- Use
- Valuation
- Residential
- $8,240,606
- Hospitality
- $7,548,351
- Educational
- $6,280,140
- Medical
- $6,496,123
- Retail
- $9,769,106
Location Insight
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Latitude
- 42.9911
- Longitude
- -71.4627
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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