119 Hanover Street Manchester, NH 03101

Multi-Family Residence

Beds

Baths

... Bed/Bath

16,829 Sq. Ft.

Property Activity

Time on Site

days

Days on Market

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Last updated on 6/28/2024 1:03 AM

Listing Details

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 faÃ§ade. 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! Continue reading

MLS#

4985822

Property Type

Multi-Family

Year Built

1910

Square Feet

16,829 sq. ft

Price per Sq. Ft.

$205.89

Lot Size

0.14