88 Lowell Street Manchester, NH

$4,500,000
Acres 0.22
Photo of 88 Lowell Street Manchester NH 03101




Description

This magnificent c.1841 brick grammar school building...artfully restored and completely renovated in 2009 to include superb six story classroom and residence hall...offers a most flexible design a myriad of potential uses. Currently the home of a distinguished art school, the property houses 54 students on levels 3-6 in en-suite style including shared bathrooms with the adjoining suite. Sixth floor offers small manager's apartment and wonderful lounge/cafe' with views over the cityscape. Classroom/office space extends to first two floors and large lower level space, all serviced by central elevator and stairways. Building features exciting energy efficient design, geo-thermal heating and cooling, energy recapture systems and a LEEDS standard designation. A singular downtown building, considered Manchester's finest!


Listed by Four Seasons Sotheby's International Realty, Andrew Peterson

Details

MLS 4970277
Price $4,500,000
Status Active Under Contract
DOM 456 days
Type Commercial
Lot Size 0.22 acres
Year Built 2009
Taxes Paid $97,642

Lot & Building Features

Utilities Cable - At Site, Underground Utilities, Multi Phone Lines, Gas - At Street
Construction Brick Exterior, Combination Exterior
Cooling Central AC
Heating Geothermal
Parking Description On Street
Sewer Public
Tax Year 2022
Taxes Paid $97,642
Water Public
Basement Description Climate Controlled, Storage Space, Stairs - Interior, Partially Finished, Interior Access, Full, Finished, Concrete Floor
Foundation Other, Poured Concrete
Lot Description City Lot, Corner
Roof Membrane, Other

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Financing

$
20%
2.1698222222222%
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.