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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.

Property Facts

Price $2,150,000
Price Per Unit $165,385
Sale Type Investment
No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 8,344 SF
No. Stories 4
Year Built 1910
Zoning Commercial- DT-1 - Mixed Use - Primary Residence and Commercial Stores & Residential

Amenities

Site Amenities

  • 24 Hour Access
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 - -
Exceptionally walkable
90/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
MNCH-000102-000000-000017
Land Assessment
$59,500
Improvements Assessment
$472,200
Total Assessment
$531,700
  • Listing ID: 41462110

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 303 Pine St, Manchester, NH 03103

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