Multi-Family for Sale: 235 Hanover Street, Manchester, NH 03104

22,732 sqft
$7,250,000
$7,250,000
235 Hanover Street, Manchester, NH 03104
22,732 sqft
$7,250,000
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Price:
$7,250,000

Type Multi-Family
Style Apartment Building, Multi-Family
Square Feet 22,732 sqft
Lot Size 0.38 acres
Year Built 1892
Taxes Paid $70,899

City Manchester
County Hillsborough

MLS 5044768
Status Active
DOM 14 days
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.

Lot & Building Features

Utilities Cable - At Site, Gas - On-Site
Construction Masonry, Steel Frame
Cooling Mini Split
Heating Mini Split
Parking Description Deeded, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $70,899
Water Public
Basement Description Concrete Floor
Foundation Brick, Granite
Lot Description City Lot, Street Lights, Near Shopping, Near School(s), Near Public Transportatn, Near Hospital, Near Golf Course, Near Country Club, Level, Corner
Roof Flat, Membrane
Garage No

Price History of 235 Hanover Street, Manchester, NH

Date Name Price Difference
06/05/2025 Listing Price $7,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 235 Hanover Street, Manchester, NH

Location Map Street View
Photo of Lori Bellemore
Direct: 603-494-6513
Office
195 McGregor Street, Suite 325
Manchester, NH 03102
603-824-5794
Listed by Downtown Realty, Matthew Lefebvre
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20%
0.97791724137931%
6.75%
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Principal & Interest
Monthly Taxes
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Monthly Home Ins.
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235 Hanover Street (MLS #5044768) is a apartment building, multi-family multi-family listing located in Manchester, NH. This multi-family listing is 22,732 sqft and on a lot of 16,553 sqft (or 0.38 acres) and is 133 years old. This property was listed on 06/05/2025 and has been priced for sale at $7,250,000.

Nearby zip codes are 03101, 03102, 03103 3740, 03103 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

PrimeMLS

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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 06/19/2025