$7,250,000
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235 Hanover Street Manchester, NH 03104
Multi-Family
Residence
Beds
Baths
22,732
Sq. Ft.
0.38
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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The Flats @ Hanover Commons is a distinguished ±22,732 SF four-story mixed-use brick building at the corner of Hanover and Union Street. Converted to apartments and painstakingly renovated in 2017, this stabilized asset includes 32 upscale residential units, five boutique office suites, and a long-...standing café tenant. The building blends historic character with modern systemsâ??individual high-efficiency minisplits, shared hot water, building-wide Wi-Fi, elevator access, and full sprinkler coverage. Apartments are primarily modern micro-studios, along with select 1BR and 2BR unitsâ??some with private decks. Residents enjoy shared amenities including a fitness center, laundry room, and off-hours café access. The office suites on the first floor are fully leased, and the café features a strong, established operator. The ±0.17-acre main parcel includes a patio and seating area, while a separately deeded ±0.21-acre parking lot at 269 Hanover provides 20 off-street spaces and future development potential. Positioned in the thriving Central Business District, 235 Hanover Street offers a turnkey, income-producing opportunity with stable tenancy, quality finishes, and long-term upside. Opportunity to assume low interest rate, agency debt for qualified buyers. Inquire for additional details and financials. One or more members of the ownership entity is a licensed New Hampshire real estate broker. All showings by appointment only; do not disturb on-site businesses or tenants.
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MLS#
5044768
Property Type
Multi-Family
Year Built
1892
Square Feet
22,732
sq. ft
Price per Sq. Ft.
$318.93
Lot Size
0.38
Sewer
Public Sewer
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