119 Hanover Street presents a rare opportunity to own a fully occupied, mixed-use property in the heart of downtown Manchester, all for under $3 million! 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 fully leased 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.
Lot & Building Features
UtilitiesGas - On-Site, Other
ConstructionBrick Exterior, Steel Frame
CoolingMini Split
HeatingElectric, Steam, Natural Gas
SewerPublic
Tax Year2024
Taxes Paid$17,739
WaterPublic
Basement DescriptionUnfinished
FoundationFieldstone
Lot DescriptionCity Lot, Corner
RoofRolled
GarageNo
Price History of 119 Hanover Street
Date
Name
Price
Difference
04/22/2025
Listing Price
$2,975,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
119 Hanover Street (MLS #5037275) is a apartment building multi-family listing located in Manchester, NH.
This multi-family listing is 11,248 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 115 years old. This property was listed on 04/22/2025 and has been priced for sale at $2,975,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Downtown Realty
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/12/2025