1. New Hampshire
2. Manchester
3. 119 Hanover Street

119 Hanover Street, Manchester, NH 03101

Property Description

This listing courtesy of Matthew Lefebvre, Downtown Realty

119 Hanover Street presents a rare opportunity to own a fully occupied, mixed-use property in the heart of downtown Manchester, all for under $3 million! Positioned on the corner of Hanover and Chestnut Street—just steps from The Palace Theater, Hanover Street Chophouse, and major new multifamily developments—this location offers unmatched walkability and visibility. The two-story brick building features 11 fully leased apartments (a mix of studios and 1-bedrooms), 5 commercial storefronts, and a long-standing billboard lease. Every unit has undergone significant renovations in the past two years, including new electrical panels, updated plumbing, a new rubber roof, high-efficiency mini-splits, and a freshly painted exterior. Each residential unit is outfitted with high-end finishes such as granite countertops, stainless steel appliances, premium LVP flooring, and in-unit A/C. Residents also enjoy free high-speed Wi-Fi, a new laundry room, and 24/7 security coverage via high-resolution interior and exterior cameras. All five commercial spaces are leased on multi-year terms to a stable mix of retail and restaurant tenants. The on-site billboard—rented for nearly 30 years—offers additional upside with a tenant currently paying below-market rent on an at-will basis. Don’t miss this chance to acquire a fully renovated, income-producing building in one of New Hampshire’s strongest rental markets.

Listing Status:

Active

Date Added:

April 22, 2025 at 05:00AM

Listing Office:

Downtown Realty : 603-554-2309

Listing Agent:

Matthew Lefebvre : 603-554-2309

MLS ID:

5037275

Interior

• Basement: Unfinished
• A/C: Mini Split
• Heating: Natural GasElectricSteam

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Matthew Lefebvre, Downtown Realty