Address Withheld By Seller, Manchester, NH 03104
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Address Withheld By Seller,Manchester, NH 03104
$7,250,000
- - Beds
- - Baths
- 22,732 sq. ft.
- Multi-family
- Active
Listed by:matthew lefebvre
Office:downtown realty
MLS#:5044768
Source:PrimeMLS
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Price summary
- Price:$7,250,000
- Price per sq. ft.:$257.75
About this home
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 systems—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 units—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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Home facts
- Year built:1892
- Listing ID #:5044768
- Added:86 day(s) ago
- Updated:August 31, 2025 at 10:24 AM
Rooms and interior
- Living area:22,732 sq. ft.
Heating and cooling
- Cooling:Mini Split
- Heating:Mini Split
Structure and exterior
- Roof:Flat, Membrane
- Year built:1892
- Building area:22,732 sq. ft.
- Lot area:0.38 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$7,250,000
- Price per sq. ft.:$257.75
- Tax amount:$70,899 (2024)
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