$209.46 Per Sq Foot $18,923 est/mo Sourced by Back At You

119 Hanover Street,Manchester, NH 03101

Manchester NH, 03101

Share with a friend

Description

119 Hanover Street is a turnkey, mixed-use investment opportunity positioned on the corner of Hanover and Chestnut in the heart of Manchester’s downtown. Sited within a block of major attractions such as the Hanover Street Chophouse, The Palace Theater, and several new multifamily developments, this 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. Don’t let this opportunity to own a turnkey building in Manchester’s downtown pass you by!

Details

MLS#4985822
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site95
Listing Provided ByDowntown Realty | Matthew Lefebvre

Features

BasementY
ZoningCBD
Property ViewCity Lot

Market Activity 03101



Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Request a showing

Request a showing

Loading Form
Listings Checked: 8 minutes ago

Contact

Learn More About This Property

StateNH
CountyNH Hillsborough
CityManchester
Zip Code03101
AreaHillsborough
Listing VS Median (in 03101)
Price:
$3,525,000
low | high
Med:
$2,104
100% of Average
On Site:
95
low | high
Med:
58.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 0 - 0
Listing Updated: May 21, 2024 at 5:30:59 PM PDT
Real Estate Links Our Domains