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MANCHESTER NH Commercial Property for sale $$3,525,000 | $209 per sq.ft.

$3,525,000 | $209 per sq.ft. MANCHESTER NH COMMERCIAL PROPERTY FOR SALE
Price Change! reduced by $175,000 down 5% on May 2nd 2024

Available Sq.Ft. 11248   Zoned CBD Prop Type
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! See MLS Property & Listing Details & 13 images.

MANCHESTER NH Commercial Property for sale $$4,500,000 | $175 per sq.ft.

$4,500,000 | $175 per sq.ft. MANCHESTER NH COMMERCIAL PROPERTY FOR SALE
Price Change! reduced by $1,400,000 down 31% on December 13th 2023

Available Sq.Ft. 25768   Zoned c1+CBD Prop Type
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! See MLS Property & Listing Details & 26 images.

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