FOR SALE
Listed by Matthew Lefebvre, Downtown Realty, (603) 554-2309
Local Information
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Last check for updates: about 14 hours ago
Listing courtesy of Matthew Lefebvre
Downtown Realty, (603) 554-2309
Source: PrimeMLS, MLS#4988808
Description
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!
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$320
Listed
36 days ago
Home Details for 119 Hanover Street
Active Status |
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MLS Status: Active |
Interior Features |
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Interior Details Basement: Unfinished,Walk-Up Access |
Dimensions and Layout Living Area: 11248 Square Feet |
Appliances & Utilities Utilities: Natural Gas Connected, Other, High Speed Intrnt -AtSite |
Heating & Cooling Heating: Electric,Steam,Natural GasHas CoolingAir Conditioning: Mini SplitHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: 200+ Amp Service |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: Two |
View No View |
Exterior Features |
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Exterior Home Features Roof: Rolled Hot MopFoundation: Fieldstone |
Parking & Garage No Garage |
Frontage Road Frontage: Public, TBD |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 11248 Square Feet |
Days on Market |
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Days on Market: 36 |
Property Information |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment BuildingArchitecture: Apartment Building |
Building Construction Materials: Steel Frame, Brick ExteriorNot a New Construction |
Price & Status |
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Price List Price: $3,600,000Price Per Sqft: $320 |
Location |
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Direction & Address City: Manchester |
Agent Information |
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Listing Agent Listing ID: 4988808 |
Building |
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Building Area Building Area: 16803 Square Feet |
Lot Information |
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Lot Area: 6098.4 sqft |
Documents |
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Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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BasementMls Number: 4988808 |
Price History for 119 Hanover Street
| Date | Price | Event | Source |
|---|---|---|---|
| 03/21/2024 | $3,600,000 | Listed For Sale | PrimeMLS #4988808 |
| 10/02/2015 | $1,275,000 | ListingRemoved | Agent Provided |
| 09/16/2015 | $1,275,000 | Listed For Sale | Agent Provided |
| 12/21/2014 | $1,275,000 | ListingRemoved | Agent Provided |
| 12/16/2014 | $1,275,000 | Listed For Sale | Agent Provided |
| 01/29/2011 | $1,275,000 | ListingRemoved | Agent Provided |
| 01/27/2011 | $1,275,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 119 Hanover Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $1,050,000 | 02/22/24 | - | 7,968 | ||
0.31 | Multi-Family Home | $1,100,000 | 12/26/23 | - | 8,472 | ||
0.23 | Multi-Family Home | $577,200 | 08/18/23 | 5 | 5 | 3,940 | |
0.39 | Multi-Family Home | $750,000 | 06/02/23 | - | 6,793 | ||
0.17 | Multi-Family Home | $1,125,000 | 03/27/24 | - | 4,254 | ||
0.33 | Multi-Family Home | $450,000 | 03/08/24 | 7 | 2 | 4,057 | |
0.23 | Multi-Family Home | $415,000 | 10/31/23 | 6 | 2 | 3,036 | |
0.39 | Multi-Family Home | $900,000 | 01/04/24 | 13 | 5 | 6,332 | |
0.40 | Multi-Family Home | $900,000 | 11/15/23 | 7 | 6 | 4,579 | |
0.49 | Multi-Family Home | $438,000 | 06/28/23 | 9 | 3 | 4,888 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Downtown
- Cait0584
- Resident
- 3y ago
"People are friendly to all the dogs walking around and the dogs all are friendly and well behaved; the owners always pick up after their dogs as well."
- Natalia M. E.
- Resident
- 5y ago
"Everything is close by. Very convenient. Great restaurants, cafes, and bars at walk distance. Great for young adults or families without kids. "
- Elise M. S.
- Resident
- 5y ago
"Lived here for 8+ years. Can easily walk to shops and restaurants! Apartments in this area have a lot of charm and uniqueness."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matthew Lefebvre, Downtown Realty
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 2024-02-12 14:37:28 PST.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.