Property Details
Basic Information
- MLS Number: 5080818
- List Price: $2,800,000
- Lot Description: City Lot, Corner
- Date Listed: 03/26/2026
- Units: 16
- Description: 119 Hanover Street presents a rare opportunity to own a mixed-use property in the heart of downtown Manchester. 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 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.
Building
- Acreage: 0.14
- Square Feet: 11,248
- Year Built: 1910
- Zoning: CBD
- Roof: Rolled
- Building Construction: Steel Frame, Brick Exterior
- Foundation: Fieldstone
Location
- County: Hillsborough
- Town: Manchester
Finance
- Taxes: $18,473
Interior Features
Basement
- Basement: Unfinished
Utilities and Appliances
Utilities and Appliances
- Utilities: Gas On-Site, Other
Community
Amenities
- Other Amenities: Basement
Other Details
Water
- Water: Public