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Investment Highlights

  • Adjacent to Elliot Hospital
  • HCA/Catholic Medical Center located 1 exit north of this location
  • Previous State of NH License for a 70 Bed Facility expired in April 2026
  • Gateway location connecting the east side to the west side of Manchester
  • Public Utilities
  • Outside recreation area includes a pool

Executive Summary

Premier Clinical Facility in New Hampshire’s Largest City
140 Queen City Avenue offers a rare chance to acquire a purpose-built former drug & alcohol rehabilitation / mental health facility in the gateway to Manchester’s East Side, formerly operated as the Farnum Center. This property was previously a “licensed” 70 bed facility that is ideally configured for a for-profit treatment provider seeking an immediate foothold or expansion in Southern New Hampshire’s high-demand behavioral health market. Sale of the property includes all fixtures, furniture and equipment (FF&E).
This is a unique opportunity to acquire a recognizable, clinically oriented facility with significant build-out already in place—reducing time to occupancy and upfront capital outlay.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $7,500,000
Price Per Bed $107,143
Sale Type Owner User
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 3.50 AC
Building Size 26,000 SF
No. Beds 70
No. Stories 1
Year Built/Renovated 1954/2012
Parking Ratio 1.54/1,000 SF
Zoning B2 - Business

Amenities

  • Controlled Access
  • Wheelchair Accessible
  • Smoke Detector

Room Mix Information

Description No. Beds
Tier 1 30
Tier 2 15
Tier 3 25
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
MNCH-000435-000000-000008
Land Assessment
$519,500 (2024)
Improvements Assessment
$2,218,800 (2024)
Total Assessment
$2,738,300 (2024)
  • Listing ID: 39480226

  • Date on Market: 2/18/2026

  • Last Updated:

  • Address: 140 Queen City Ave, Manchester, NH 03103

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