119 Hanover Street

Manchester NH 03101

16803 sq. ft.

6098 sq. ft.

Multi-Family

Last sold for $2,800,000

Matthew Lefebvre, last sold this property on 11 September 2026 after 168 days on market.

Overview

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.

Features

16803 sq. ft. floor area

6098 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Manchester over the last 12 months.

Property history for 119 Hanover Street

2026

Sold

$2,800,000

11 Sep 2026 by Matthew Lefebvre, of Downtown Realty

2020

Sold

$1,550,000

15 Oct 2020

Happy sellers in Manchester

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