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$1,800,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 555 Cedar St
General
- Price: $1,800,000
- Status: Active
- Type: Commercial
- Source: PrimeMLS
- MLS ID: 5082866
- Updated: 4/9/2026
- Added to Site: 5 day(s) ago
Parking
- Parking: On-Site
Location
- County: Hillsborough
- Driving Directions: corner of Cedar and Wilson Streets.
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walkout
- Basement Desc.: Climate-Controlled, Concrete Floor, Crawlspace, Daylight, Finished, Full, Insulated, Exterior Stairs, Interior Stairs, Storage Space, Interior Access, Exterior Access, Basement Stairs
- Square Feet: 44,389
- Finished Total: 44,389 Sq. Ft.
- Year Built: 1896
Lot Features
- Lot Size (Acres): 0.96
- Lot Size (Sq. Ft.): 41,818
- Frontage: Yes Road Frontage
- Frontage Feet: 600
- Zoning: MX-2
Financial Considerations
- Price Per Sq. Ft.: $40.55
- Assessment Year: 2024
- Assessment Amount: $5,269,800
Listed by Keller Williams Realty-Metropolitan, Michael Caouette
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Schools
Schools serving 555 Cedar St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Beech Street School 333 Beech Street, Manchester, NH 03103 | K-5 | 0.4 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 Cedar St
Date
Details
Price
Change
Source
4/09/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 555 Cedar St
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$5,269,800
—
2023
100%
$5,269,800
—
2022
100%
$5,269,800
51%
2021
100%
$3,496,200
—
2019
100%
$3,496,000
—
2018
100%
$3,496,000
—
2017
100%
$3,496,000
—
2016
100%
$3,496,000
3%
2015
100%
$3,385,900
—
2014
100%
$3,385,900
—
2013
—
$3,385,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 555 Cedar St
555 Cedar Street, Manchester, NH 03103 (MLS# 5082866) is a Commercial property. 555 Cedar Street is currently listed for $1,800,000 and was received on April 09, 2026. Want to learn more about 555 Cedar Street? Do you have questions about finding other Commercial real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

