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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$1,800,000

MLS# 5082866
sq.ft. 0 Bedroom | 0 Bathroom
Commercial
555 Cedar Street Manchester NH
 
$1,800,000 | $41 per sq.ft. Commercial Property, 555 Cedar Street Manchester NH | Space type MLS# 5082866


DESCRIPTION

Historic Wilson Street School A Premier Redevelopment & Adaptive Reuse Opportunity Seize the opportunity to transform a true Manchester landmark. The former Wilson Street School offers over 40,000 square feet of usable space, presenting a rare and compelling redevelopment opportunity for investors and developers seeking scale, character, and flexibility. Offered for sale by the City of Manchester, this property is ideally positioned for adaptive reuse and long-term value creation. Its substantial footprint, solid construction, and classic architectural features provide an exceptional foundation for a wide range of redevelopment strategies. Potential uses include residential housing (market-rate or workforce), mixed-use development, institutional or educational facilities, medical or wellness space, private school operations, recreational use, or a community-focused center. Developers will appreciate the inherent flexibility, allowing for creative repositioning to meet evolving market demands. A key capital improvement has already been completed, with a newer boiler system installed within the last few years. In addition, multiple environmental reports are available, helping to streamline due diligence and reduce upfront development risk. The property also benefits from onsite parking, an increasingly rare and valuable amenity in this area enhancing both accessibility and overall project feasibility. Whether your vision includes a residential conversion, a flagship institutional use, or a dynamic mixed-use redevelopment, this property offers the scale, infrastructure, and location to bring it to life. Unlock the full potential of this historic asset and make your mark on one of Manchester's most distinctive properties.
Sale Includes : Other
Price per SQFT | 40.55 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

| Price Per SQ.FT. 40.55 | Year Built: 1896
No. of Units-| 0
Building Size | 44389
Available SQFT | 44389
Basement: Climate Controlled | Concrete Floor | Crawl Space | Daylight | Finished | Full | Insulated | Exterior Stairs | Interior Stairs | Storage Space | Interior Access | Exterior Access | Basement Stairs
Sprinkler | Other.
Road Frontage: 600
Utilities: Gas On-Site
No. of Docks | 0.
No. of Drive Doors | 44389.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.96 acres
Zoned: MX-2
Road Frontage: 600
Taxes $0  | Assesed Value $5,269,800 in 2024
15 Buck Rd. Hanover, NH 03755 603-643-3942

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