Find your new home

119 Hanover StreetManchester, NH 03101MLS Number 4988808

  • Price: $3,465,000
  • Est. Mortgage of $/month
  • 84 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101119 Hanover Street Manchester NH 03101
QR Code
    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 facade. 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!
    Listed by Matthew Lefebvre of Downtown Realty

    Driving Directions

    Gilman Real Estate
    Gilman Real Estate
    Office: 603-772-0808
    39 Front St
    Exeter, NH 03833

    Ask A Question

    Do not fill in this field:
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    More Info

    Tax Information

    • Tax Year2023

    Building

    • Year Built1910
    • Units16
    • # of 1 Bedrooms11
    • BasementUnfinished
    • FoundationFieldstone

    Utilities

    • Heat FuelGas - Natural
    • Heat SystemElectric, Steam
    • Electric200 Amp
    • SewerPublic
    • UtilitiesGas - On-Site, Other

    Basic Information

    • StatusACT
    • List Price$3,465,000
    • Date Price Change05/30/2024
    • MLS Number4988808
    • MLS StatusActive

    Property

    • Acreage0.14
    • Parking Spaces
    • Lot29
    • Square Feet11,248
    • APX Fin AG Sqft11,248
    • RoadsPublic
    • AreaCommercial Zoning

    Location

    • TownManchester
    • StateNH
    • Zip03101
    • CountyHillsborough
    • ZoningCBD
    • Flood Zone Y/NNo

    Exterior

    • RoofRolled

    Amenities

    • PricePerSqFt308.05

    Other

    • Taxes$16,829
    • Seasonal Y/NNo
    • Date Listed03/21/2024
    • View Count1
    Broker Reciprocity 

    Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated June 12, 2024 9:23 PM EDT

     

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    $

    Do not fill in this field:

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.