819 Elm St, Manchester, NH 03101

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Building Details:

819 Elm St is located in Manchester, NH.

The Varick Building was built in 1914 along with the Sullivan Building, the other half of this historic downtown offering. This traditional layout includes a retail presence on the street level, office space on the second level, and apartments on the two upper floors. In town apartments are at a premium and seldom vacant. This property has had a positive cash flow for decades and continues to the present day. The current ownership has been diligent about maintaining the structure and its components in excellent condition. Future upside can be accomplished from leasing the existing office space or converting it into additional apartments. An investor is presented with an opportunity to achieve an excellent rate of return with low exposure in the business friendly environment of downtown Manchester, New Hampshire.

Manchester, New Hampshire is positioning itself to compete with other world class cities by planning and completing the necessary infrastructure required to emerge as an international business destination. The Verizon Center, the University of New Hampshire Campus on the river front, the Mill Yard projects, the expansive In-Town Redevelopment and the acclaimed Manchester Airport are just some of the actions receiving appropriate recognition. Double A baseball, professional hockey and numerous entertainment and dining experiences are available to residents of this cosmopolitan northeast city.

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