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235 Hanover St Manchester, NH 03104

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For Sale
$7,250,000

Four-story mixed-use building with apartments, offices, and cafe.

Property size:
28,128 SF
Lot size:
0.38 Acres

Property Features for 235 Hanover St

General Information

Size
28,128 SF
Lot size
0.38 Acres

Source: Downtown Realty Agent Matthew Lefebvre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building in Central Business District

The Flats @ Hanover Commons is a four-story mixed-use brick building with a size of approximately 22,732 square feet. The building was converted to apartments and renovated in 2017. This property includes 32 residential units, five office suites, and a cafe tenant. The building combines historic character with modern systems, featuring individual high-efficiency mini-splits, shared hot water, building-wide Wi-Fi, elevator access, and full sprinkler coverage. The apartments are primarily modern micro-studios, along with select one-bedroom and two-bedroom units, some with private decks. Residents have access to a fitness center, laundry room, and off-hours cafe access. The office suites on the first floor are fully leased, and the cafe has a strong, established operator. The main parcel is approximately 0.17 acres and includes a patio and seating area. A separately deeded approximately 0.21-acre parking lot provides 20 off-street spaces and future development potential. The property is located in the Central Business District and offers an income-producing opportunity with stable tenancy and quality finishes.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Flats at Hanover Commons Apartment Building Stay Work Play Non-Profit Organization Manchester Photo Booth Party Equipment Rental Service Restoration Cafe Cafe Kirby Christopher MD Doctor

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Manchester
County
Merrimack
State
New Hampshire
Longitude
-71.4576617
Latitude
42.9907334

FAQs

What type of property is this?
Apartment building - Four-story mixed-use building with apartments, offices, and cafe.
Where is this apartment building located?
The property is located at 235 Hanover St Manchester, NH.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: - Stabilized, income-producing asset with 32 upscale residential units, 5 boutique office suites, and a long-standing caf\u00e9 tenant.; - Prime Central Business District location offering a turnkey investment opportunity.; - Opportunity to assume low interest rate, agency debt for qualified buyers.
More about this property
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