The Flats at Hanover Commons 235 Hanover St Immeuble residentiel 32 lots 6 275 383 € (196 106 €/Lot) Manchester, NH 03104

Introducing The Flats @ Hanover Commons; a distinguished four-story ±22,732 SF mixed-use brick building offering a unique blend of residential, office, and retail uses on the crossroads of Hanover and Union Street. This high-performing, generational asset includes 32 thoughtfully designed apartments, 5 professional office suites, and a long-standing restaurant tenant, supported by a separately deeded parking lot with 20 off-street spaces located at 269 Hanover Street. Originally constructed at the turn of the 19th century and completely overhauled and converted in 2017, the building features modern systems including high-efficiency mini-split HVAC units in every apartment, a shared hot water system, building-wide wireless internet, full elevator service on all floors, and comprehensive life safety systems including sprinklers and alarms. The residential component consists primarily of upscale studio "micro-apartments," designed for the modern urban renter along with a mix of larger studios, 1BR and 2BR units, several of which feature private decks. With communal amenities such as a shared fitness center, laundry room, and resident-only access to the on-site café during non-operating hours, this building helped kick-of the live, work, play movement in Manchester. The first-floor houses five, fully leased, boutique office suites with shared facilities, as well as a café with a strong, established operator since the property's conversion. The ±0.17-acre main parcel includes a small outdoor patio and seating area that enhances the café’s appeal, while the ±0.21-acre, non-contiguous lot at 269 Hanover Street provides highly coveted parking in a dense urban environment along with a future development opportunity. With a modernized unit mix, stable income, quality amenities, and prime location, 235 Hanover Street presents an exceptional opportunity for investors seeking a turnkey mixed-use asset with proven performance.