Clay Street Development

For Sale

562 Clay St, Manchester, NH 03103

This Manchester property for sale is located at 562 Clay St. The current listed sale price for Clay Street Development is $950,000. Clay Street Development is situated on a lot that is 0.23 acre in size.

Contacts

broker

Francis Saenz

Northeast Private Client Group

Property Details

  • Property Type Multi-Family
  • Property Size 12,807 SF
  • Units 14
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Year Built 1919
  • Date Updated Nov 8, 2024
Manchester, New Hampshire, is the largest city in the state and a key cultural and economic hub in New England. Situated along the banks of the Merrimack River, the city has a rich industrial history, initially thriving as a textile manufacturing center in the 19th century. While its mills have largely closed, many of these historic buildings now house tech companies, startups, and apartments, creating a unique blend of the old and new. The city’s economy has diversified to include sectors like healthcare, education, and finance, contributing to a steadily growing population. Manchester is also home to several higher education institutions, including Southern New Hampshire University and Saint Anselm College. The city has a vibrant arts scene, with venues like the Palace Theatre and the Currier Museum of Art. It offers a range of recreational options, from nearby skiing and hiking in the White Mountains to events at SNHU Arena, appealing to both residents and visitors year-round.Northeast Private Client Group is pleased to present the Clay Street Development project located at 562 Clay Street in Manchester, NH. ZBA/planning board approved this project for a three-story, 12,807 SF building with 14 residential units. The plans are comprised of (7) one-bedrooms, (5) two-bedrooms & (2) three-bedroom floorplans. There is currently an existing 2.5-story, 12,807 SF vacant building sitting on two adjacent lots, totaling 10,000 SF. The plans call for utilizing the existing building’s shell and completing interior framing and structural updates to complete the conversion to residential units. The sellers have completed Phase 1 and have a full set of construction drawings; the buyer would just need to submit plans to the town to officially receive permits. All interested & qualified parties will have the opportunity to tour the existing building & obtain drawings upon request.

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Highlights

  • Approved 14-Unit Residential Development
  • (7) One-Bedrooms, (5) Two-Bedrooms & (2) Three-Bedrooms Floor Plans
  • 10,000 SF Lot Size | Two Adjacent Lots
  • Off-Street Parking
  • Bike Storage & Laundry Room
  • Somerville Neighborhood

Getting around

  • 83/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Manchester, NH
  • Neighborhood Somerville
  • Zip Code 03103
  • Market Boston

Points of Interest

  • Fast Track

    0.45 miles

  • Maverick Gas

    0.47 miles

  • Gulf

    0.55 miles

  • Budget Gas

    0.60 miles

  • Irving

    0.77 miles

  • Sunoco

    0.78 miles

  • AL Prime

    0.84 miles

  • 7-Eleven

    0.88 miles

  • Speedway

    0.90 miles

  • Tesla Supercharger

    9.27 miles

  • Prout Park parking lot

    0.53 miles

  • Pine Street Parking Lot

    1.04 miles

  • Southern NH University Employee Parking Garage

    1.05 miles

  • Devine, Millimet Parking Garage

    1.15 miles

  • Center of New Hampshire Parking Garage

    1.15 miles

  • Library Parking

    1.26 miles

  • Victory

    1.29 miles

  • Pearl Street Parking Lot

    1.54 miles

  • Arms Lot

    1.55 miles

  • MCPHS

    1.63 miles

  • Majestic Arms Hotel

    0.93 miles

  • Hilton Garden Inn

    0.97 miles

  • Blue Door Bungalow

    0.98 miles

  • Residence Inn Manchester Downtown

    1.02 miles

  • DoubleTree by Hilton Manchester Downtown

    1.17 miles

  • Econo Lodge

    1.22 miles

  • Quality Inn Manchester Airport

    1.29 miles

  • Comfort Inn Manchester Airport

    1.30 miles

  • Fairfield Inn

    1.37 miles

  • Holiday Inn Express

    1.41 miles

  • Savers

    0.43 miles

  • Spice Center

    0.44 miles

  • T-Bones Market

    0.45 miles

  • Price Rite

    0.52 miles

  • A Market Natural Foods

    0.65 miles

  • Mr. Market

    0.72 miles

  • Debbie Bourassa

    0.85 miles

  • Himalayas General Store

    0.87 miles

  • Green Envy

    0.87 miles

  • Namaste Nepal

    0.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Francis Saenz

Northeast Private Client Group