31-37 Elm Street

31-37 Elm Street, Manchester, NH 03101

Property Information

  • For Sale $1,850,000
  • Property Type Retail - Street Retail
  • Property Size 13,998 SF
  • Date Updated Aug 25, 2026

Description

31–37 Elm Street is centrally located in Manchester, New Hampshire, providing convenient access to the city’s established commercial and residential neighborhoods. The property benefits from its proximity to major thoroughfares, local amenities, and downtown Manchester, while Interstate 293 and other regional transportation routes are readily accessible. The surrounding area features a mix of residential, commercial, and multifamily uses, contributing to a well-established and active urban setting. The property is situated within Manchester’s Ward 3 and is zoned Urban Multifamily.31–37 Elm Street is a distinctive mixed-use property located near downtown Manchester. The property contains five residential apartments and four street-level retail units, providing a diversified combination of residential and commercial income. Originally constructed in 1920 and substantially reconstructed and modernized, blending historic character with updated residential and commercial space, the property offers an incoming owner the opportunity to acquire a mixed-use asset without the extensive deferred maintenance often associated with older urban properties. The offering is well suited to a hands-on local investor who understands mixed-use real estate and recognizes the value of existing income combined with identifiable value-add potential.

Highlights

  • Convenient location near downtown Manchester
  • Diversified residential and commercial income
  • Five residential apartments
  • Four street-level retail units
  • Maintained in very good overall condition
  • Potential re-leasing, repositioning, or owner-occupancy opportunity
  • Substantially reconstructed approximately ten years ago
  • The residential component provides identifiable value-add potential, with several apartments currently leased below prevailing Manchester asking rents

Contacts

Location

Located at 31-37 Elm Street, Manchester, NH 03101, this property is part of the Bakersville neighborhood and Boston market.

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