Price Change! reduced by $1,400,000 down 31% on December 13th 2023
$4,500,000 | $175 per sq.ft.
Commercial Property, in 88 Lowell Street Manchester NH | Space type MLS# 4970277
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Listed by Andrew PetersonFour Seasons Sotheby's International Realty on September 15th 2023
88 Lowell Street Manchester NH 03101
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DESCRIPTION
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This magnificent c.1841 brick grammar school building...artfully restored and completely renovated in 2009 to include superb six story classroom and residence hall...offers a most flexible design a myriad of potential uses. Currently the home of a distinguished art school, the property houses 54 students on levels 3-6 in en-suite style including shared bathrooms with the adjoining suite. Sixth floor offers small manager's apartment and wonderful lounge/cafe' with views over the cityscape. Classroom/office space extends to first two floors and large lower level space, all serviced by central elevator and stairways. Building features exciting energy efficient design, geo-thermal heating and cooling, energy recapture systems and a LEEDS standard designation. A singular downtown building, considered Manchester's finest!
Building Type : Opportunity
Disability Features : Access Common Use Areas | Access Restrooms | Accessibility Features | Hard Surface Flooring | Multi-Level Bus w/Elevatr | Multi-Level w/4 Ft Stairs
Equipment : Indoor Air PLUS Package | Smoke Detectr-HrdWrdw/Bat | Sprinkler System | Generator - Standby
Sale Includes : Land/Building
Signage-| Adequate
Traffic Count-|
Price per SQFT | 174.64 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION:
Brick Exterior | Combination Exterior | Price Per SQ.FT. 174.64 | Year Built: 2009
Eevators 1
No. of Units-| 28
Building Size | 25768
Available SQFT | 25768
Building Energy Certification: LEED for Homes
Basement: Climate Controlled | Concrete Floor | Finished | Full | Partially Finished | Stairs - Interior | Storage Space | Interior Access
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Building Type: Opportunity
Sprinkler | Wet.
Roof: Membrane | Other
Garage And Parking: On Street
Road Frontage: 100
Heating: Geothermal
Cooling: Central AC
Electric: 3 Phase | Circuit Breaker(s) | Generator
Utilities: Cable - At Site | Gas - At Street | Multi Phone Lines | Underground Utilities
No. of Docks | 0.
No. of Drive Doors | 25768.
AC % | 100.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.22 acres
Zoned: c1+CBD
Road Frontage: 100
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Docs Available : Building Plans | Plot Plan | Tax Map
Taxes $97,642 | Assesed Value $5,353,200 in 2022 |
