201 Hanover Street, Manchester

Retail-Commercial for Sale
Catylist Listing ID: 30336246
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant
Building Size (RSF): 13,136 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $925,000
Unit Price: $70.42 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/4/2019

Overview / Comments

FOR SALE OR LEASE - 201 Hanover Street, Manchester, NH. his free-standing commercial building is ideally suited for restaurant, catering, event venue, dry food storage, retail store or even redevelopment. The space is comprised of
±13,136 SF of first-floor space setup for a restaurant, ±4,000 SF of partially finished basement and ±1,400 SF of additional basement storage. The interior features multiple dining rooms, cocktail areas, function rooms and a fully operational kitchen. There is a fenced-in outdoor patio for seasonal dining. Restaurant equipment and furnishings are negotiable.

Situated on ±0.45 acres, the property has over 175' of frontage on Hanover Street, offering great visibility and signage opportunity. There is on-site parking for 8-10 vehicles with additional municipal parking on Hanover Street and Victory Parking Garage just a block away. Public transportation is within walking distance.

201 Hanover Street is strategically located approximately 2.5 blocks from downtown Manchester and 0.6 miles from Interstate 293, making this property an ideal location for a variety of commercial uses.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: City of Manchester, NH
Tax ID/APN: 0050/0021
Zoning: CENTRAL BUSINESS DISTRICT
Retail Clientele: General
Property Visibility: Excellent
Highway Access: I-293 Granite Street Exit 4
Airports: Manchester-Boston Regional Airport, Logan International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 1959
Parking Type: Surface, Other
Parking Description: 9 onsite parking spaces and municipal parking on the street and nearby parking garage within walking distance.
Lot Frontage: 179'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,526 105,609 141,599
Median Age: 33.6 37.22 37.57
Households: 14,998 43,895 56,893

Contact

Photograph of Listing Agent

Christopher Healey

CBRE NECPE Member
Photograph of Listing Agent

Roger Dieker

CBRE NECPE Member
Photograph of Listing Agent

Michael Tamposi

CBRE NECPE Member
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