119 Hanover Street Manchester, NH
$2,800,000
Square Footage 11,248
Acres 0.14
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.
Listed by Downtown Realty, Matthew Lefebvre 603-554-2309
Details
MLS 5080818
Price $2,800,000
Status Pending
DOM 171 days
Type Multi-Family
Style Apartment Building
Square Feet 11,248 sqft
Lot Size 0.14 acres
Year Built 1910
Taxes Paid $18,473
Lot & Building Features
Utilities Gas On-Site, Other
Construction Steel Frame, Brick Exterior
Cooling Mini Split
Heating Steam, Natural Gas, Electric
Sewer Public
Tax Year 2025
Taxes Paid $18,473
Water Public
Basement Description Unfinished
Foundation Fieldstone
Lot Description City Lot, Corner
Roof Rolled
Garage No
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

