$7,250,000

235 Hanover Street, Manchester, NH 03104

  • 28,128 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1892
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $258/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Matthew Lefebvre, Downtown Realty

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.

Listing Status:
Active
Date Added:
June 5, 2025 at 05:00AM
Listing Office:
Downtown Realty : 603-554-2309
Listing Agent:
Matthew Lefebvre : 603-554-2309
MLS ID:
5044768
  • Basement: Concrete Floor
  • A/C: Mini Split
  • Heating: Mini Split

This listing courtesy of Matthew Lefebvre, Downtown Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beech Street School

333 Beech St, Manchester, NH, 03103

Grades KG-5

0.46 miles away

H

Hillside Middle School

112 Reservoir Ave, Manchester, NH, 03104

Grades 6-8

0.90 miles away

M

Manchester Central High School

535 Beech St, Manchester, NH, 03104

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.