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Listed by Matthew Lefebvre • Downtown Realty
$ 2,800,000
Est. payment /mo
Price Dropped by $25K
119 Hanover ST Manchester, NH 03101
11,248 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,248 sqft
Price per Sqft $248
MLS Listing ID 5080814
Year Built 1910
Annual Tax Amount $18,473
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Description
119 Hanover Street presents a rare opportunity to own a mixed-use property in the heart of downtown Manchester. Positioned on the corner of Hanover and Chestnut Street—just steps from The Palace Theater, Hanover Street Chophouse, and major new multifamily developments—this location offers unmatched walkability and visibility. The two-story brick building features 11 apartments (a mix of studios and 1-bedrooms), 5 commercial storefronts, and a long-standing billboard lease. Every unit has undergone significant renovations in the past two years, including new electrical panels, updated plumbing, a new rubber roof, high-efficiency mini-splits, and a freshly painted exterior. Each residential unit is outfitted with high-end finishes such as granite countertops, stainless steel appliances, premium LVP flooring, and in-unit A/C. Residents also enjoy free high-speed Wi-Fi, a new laundry room, and 24/7 security coverage via high-resolution interior and exterior cameras. All five commercial spaces are leased on multi-year terms to a stable mix of retail and restaurant tenants. The on-site billboard—rented for nearly 30 years—offers additional upside with a tenant currently paying below-market rent on an at-will basis. Don't miss this chance to acquire a fully renovated, income-producing building in one of New Hampshire's strongest rental markets.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning CBD
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Inclusions Building
Exterior
Utilities Available Other
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Rolled
Building
Sewer Public
