119 Hanover St Manchester, NH 03101

This exceptional mixed-use property, located at 119 Hanover Street in Manchester, NH, presents a rare investment opportunity. The two-story brick building encompasses 16,828 square feet on a 0.14-acre lot, situated in the vibrant heart of downtown, within a block of popular establishments like the Hanover Street Chophouse and The Palace Theater. The property comprises eleven apartments (a mix of studios and one-bedrooms), five retail units, and a leased billboard. Extensive renovations completed within the last two years include new electrical panels, updated plumbing, high-efficiency mini-split HVAC systems, a new rubber roof, and a freshly painted exterior. All apartments feature high-end finishes such as granite countertops, stainless steel appliances, premium LVP flooring, and in-unit air conditioning. Residents enjoy free high-speed wireless internet and a brand-new laundry room. The building also benefits from high-resolution security cameras covering both interior and exterior areas. All commercial units are fully occupied under multi-year leases with a diverse tenant mix of retail and restaurant businesses. The long-term billboard lease presents a significant value-add opportunity, currently operating below market rate. This turnkey property offers immediate cash flow and strong potential for future appreciation in a prime downtown Manchester location. Priced at $3,195,000.