NH > Manchester
Manchester, NH 03104,235 Hanover ST
Manchester, NH 03104,235 Hanover ST
Manchester, NH 03104,235 Hanover ST
Manchester, NH 03104,235 Hanover ST
Manchester, NH 03104,235 Hanover ST
Manchester, NH 03104,235 Hanover ST
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Samantha Nelson

Samantha Nelson

+1(713) 470-8560
Listed by Matthew Lefebvre • Downtown Realty
$ 7,250,000
Est. payment | /mo

22,732 SqFt

Save
$ 7,250,000
Est. payment | /mo
Save

22,732 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,732 sqft

Price per Sqft $318

MLS Listing ID 5044768

Construction Status Existing

Year Built 1892

Annual Tax Amount $70,899

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Description

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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Central Business District

Rooms

Basement Entrance Interior

Basement Concrete Floor

Interior

Cooling Mini Split

Exterior

Garage Description Deeded, Off Street

Utilities Available Cable - At Site, Gas - On-Site

Water Access Desc No

Roof Type Flat,Membrane

Building

Story 4+

Foundation Brick, Granite

Sewer Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

PrimeMLS
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+1(713) 470-8560

queen.nelson.realty@gmail.com

170 Commerce Way Unit 200, Portsmouth, New Hampshire, 03801, USA

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235 Hanover ST