76 Summer St Manchester, MA 01944-1530

This exceptional 16,200 square foot office building presents a unique investment opportunity in Manchester, MA. Situated on a 0.37-acre lot, this property boasts over 19 parking spaces and is conveniently located less than two-tenths of a mile from the town center and commuter rail. Currently generating an estimated $156,000 in annual rental income, the building offers significant upside potential. The adaptable floor plan caters to various office configurations, while a large unfinished lower level provides ample space for storage, shipping, or workshop uses. This versatile property also presents exciting redevelopment possibilities. Architectural plans and renderings for a potential luxury condominium conversion are available, subject to town approval. Alternatively, the property could be repurposed as an apartment building for short-term or long-term rentals. This prime Manchester location, combined with its strong income potential and redevelopment possibilities, makes this an outstanding investment for both developers and investors seeking a high-return opportunity in a desirable market. The asking price is $2,197,000.