Clay Street Development

562 Clay St, Manchester, NH 03103

  • For Sale $950,000
  • 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

Contacts

broker

Francis Saenz

Northeast Private Client Group

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Salona's

    0.23 miles

  • Dunkin'

    0.42 miles

  • Subway

    0.42 miles

  • Luigi's

    0.43 miles

  • Olympus Pizza

    0.43 miles

  • Willie B's Subs

    0.44 miles

  • McDonald's

    0.44 miles

  • Szechuan House

    0.45 miles

  • PizzaExpress

    0.46 miles

  • Don Quijote

    0.46 miles

  • St. Joseph Regional Junior High

    0.19 miles

  • Beech Street School

    0.64 miles

  • Henry Wilson Elementary School

    0.65 miles

  • Jewett Street School

    0.73 miles

  • Bakersville School

    0.79 miles

  • Saint Augustines School

    0.80 miles

  • Southside Middle School

    0.82 miles

  • Manchester Memorial High School

    1.01 miles

  • Robert B. Jolicoeur School

    1.10 miles

  • Mount Zion Christian Schools

    1.14 miles

  • Kiddie Corner Learning Center

    0.57 miles

  • Activa Tree

    0.63 miles

  • The Kindertree Learning Center

    1.13 miles

  • The Growing Years

    1.63 miles

  • Girls Inc. of New Hampshire

    1.82 miles

  • Noah's Ark Child Care Center

    2.07 miles

  • Kinder Care Learning Center

    2.18 miles

  • A Little Folks School House

    2.26 miles

  • Kid University

    2.69 miles

  • New Morning School

    2.78 miles

Frequently Asked Questions

How much does Clay Street Development cost?

The space currently listed for sale at Clay Street Development asks for $950,000.

What is the total square footage of Clay Street Development?

Clay Street Development totals 12,807 square feet.

When was this property built?

Clay Street Development was built in 1919.

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Contact Listing Broker

broker

Francis Saenz

Northeast Private Client Group