$3,199,000
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119 Hanover Street Manchester, NH 03101
Multi-Family
Residence
Beds
Baths
11,248
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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119 Hanover Street is a turnkey, mixed-use investment opportunity positioned on the corner of Hanover and Chestnut in the heart of Manchesterâ??s downtown. Sited within a block of major attractions such as the Hanover Street Chophouse, The Palace Theater, and several new multifamily developments, th...is location is second to none. This two-story brick building boasts 11 apartments (a mix of studio and 1-bedrooms), 5 retail units, and a leased billboard, all of which have seen significant renovations over the last two years. These upgrades include new electrical panels, updated unit plumbing, new high efficiency mini-splits, a new rubber roof, and a freshly painted façade. Additionally, each of the apartments have been painstakingly remodeled with high-end finishes including granite countertops, stainless-steel appliances, premium-LVP flooring, and in-unit air conditioning. The residents can also access the free high-speed wireless internet newly installed throughout the building, utilize the brand-new laundry room, and benefit from the high-resolution cameras providing interior and exterior coverage of the property. All of the commercial units are fully occupied on multi-year leases with a mix of retail and restaurant tenants. The billboard presents additional opportunity for value-add with an at-will operator that has been renting for almost three decades at a below market rate. Donâ??t let this opportunity to own a turnkey building in Manchesterâ??s downtown pass you by!
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MLS#
5012399
Property Type
Multi-Family
Year Built
1910
Square Feet
11,248
sq. ft
Price per Sq. Ft.
$284.41
Lot Size
0.14
Sewer
Public Sewer
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