119 Hanover Street, Manchester, NH 03101

Property Description

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.

Listing Status:

Active

Date Added:

March 26, 2026

Data Last Updated:

April 30, 2026 at 9:57PM

Listing Office:

Downtown Realty : 603-554-2309

Listing Agent:

Matthew Lefebvre : 603-554-2309 : mlefebvre@dtrnh.com

MLS ID:

5080818

Interior

• Basement: Unfinished
• A/C: Mini Split
• Heating: Natural GasElectricSteam

Exterior

• Style: Apartment Building

Construction

• Roofing: Rolled
• General: Steel FrameBrick ExteriorFieldstone

Location

• Road/Access: Public
• County: Hillsborou

Lot

• Driveway: None
• Zoning: CBD

Utilities

• Utilities: Gas On-SiteOther
• Water: Public
• Sewer: Public