Medical Office Investment Opportunity

57 Webster Street, Manchester, NH

We are pleased to offer for purchase the property located at 57 Webster Street, a 18,958± square foot medical office building located in Manchester, New Hampshire. Built in 1916 and renovated in 2012 with a new roof, windows, doors, insulation, and siding. This building is currently leased to a single tenant; a premium care medical group. 57 Webster Street is located in the prestigious north end of Manchester, with an ample amount of on-site and free on-street parking.

 The recent purchase (June 2017) of an additional 9,968± SF vacant unit gives an owner several advantages: ownership of 90% of this 32,247± SF complex and potential to increase value by leasing the 9,968± SF unit.

 Of course, the added unit does not have to be included in the sale.

 Please contact Bob Rohrer to receive an OM.

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Specifications

Total Building SF
28,926±
Occupancy
100%
Cap Rate
7% on existing NOI