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Bentley By The Sea

86 Lafayette Rd
Route 1
North Hampton, NH 03862
(603) 964-7277
119 Hanover
Manchester, NH
MLS Number: 4988808
Price: $3,600,000.00
11248
Sq Feet
0.14
Acres (approx)
Listed Agent: Matthew Lefebvre
Listing Office: Downtown Realty 603-554-2309
Listing Date: Mar 21, 2024 - Active

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!

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Basic Information
City/Town
Manchester
County
NH-Hillsborough
Taxes/Year
$16,829.00 / 2023
Year Built
1910
Garage
0 cars
Sq. Footage
11248 SF
Zoning
CBD
Lot Size
0.14 Acres (approx)
Property Features
Max Width
0 ft
Max Length
11 ft
Basement
Y
Basement
Unfinished
Driveway
None
Electric
200 Amp
Heating/ Cooling
Electric, Steam
Heat Fuel
Gas - Natural
Stories
2
Roof
Rolled
Roads
Public
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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. Date last updated 04/27/2024.


Photos Updated on 03/21/2024 4:02 pm
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