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13 Unit Mult-Family With Retail Storefront 303 Pine St 13 Unit Apartment Building $2,150,000 ($165,385/Unit) Manchester, NH 03103



Investment Highlights
- Gas Heat
- Easy Access To Highways
- Public Water and Sewer
- Walkable to Downtown
Executive Summary
Downtown Manchester Mixed-Use Investment Property — 13 Apartments
Investment opportunity in the heart of Downtown Manchester, directly across from the Norris Cotton Federal Building. This approximately 8,344± SF, four-story mixed-use property features 13 income-producing one-bedroom apartments, plus an owner’s office with potential conversion to an additional apartment, subject to zoning and code approvals.
Approximately 770± SF of vacant street-level retail/office space provides further lease-up and income-growth potential. A compelling opportunity for investors seeking existing multifamily income with additional value-add potential in a central downtown location.
Situated in Manchester's North End, one of the city's most established and consistently occupied mixed-use neighborhoods. The immediate area combines dense residential blocks with neighborhood retail, professional offices, and service businesses, supporting steady walk-in traffic and a reliable residential tenant base. Downtown Manchester, the Elm Street business district, Catholic Medical Center, and the Millyard are all within a short drive, and public transportation, dining, and everyday amenities are nearby.
The property has excellent visibility. Its prominent downtown position is directly across from the Norris Cotton Federal Building, with strong daily vehicular and pedestrian traffic, clear signage opportunity for the ground-floor commercial space, and high exposure within Manchester's core business district.
Investment opportunity in the heart of Downtown Manchester, directly across from the Norris Cotton Federal Building. This approximately 8,344± SF, four-story mixed-use property features 13 income-producing one-bedroom apartments, plus an owner’s office with potential conversion to an additional apartment, subject to zoning and code approvals.
Approximately 770± SF of vacant street-level retail/office space provides further lease-up and income-growth potential. A compelling opportunity for investors seeking existing multifamily income with additional value-add potential in a central downtown location.
Situated in Manchester's North End, one of the city's most established and consistently occupied mixed-use neighborhoods. The immediate area combines dense residential blocks with neighborhood retail, professional offices, and service businesses, supporting steady walk-in traffic and a reliable residential tenant base. Downtown Manchester, the Elm Street business district, Catholic Medical Center, and the Millyard are all within a short drive, and public transportation, dining, and everyday amenities are nearby.
The property has excellent visibility. Its prominent downtown position is directly across from the Norris Cotton Federal Building, with strong daily vehicular and pedestrian traffic, clear signage opportunity for the ground-floor commercial space, and high exposure within Manchester's core business district.
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | MNCH-000102-000000-000017 | Improvements Assessment | $472,200 |
| Land Assessment | $59,500 | Total Assessment | $531,700 |
Property Taxes
Parcel Number
MNCH-000102-000000-000017
Land Assessment
$59,500
Improvements Assessment
$472,200
Total Assessment
$531,700
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13 Unit Mult-Family With Retail Storefront | 303 Pine St
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