$2,197,000

This is a rare offering of an office building, situated on 16,200 sf with more than 19 parking spaces, located just 2/10 of a mile from the town center and the commuter rail. The property provides many potential investment opportunities including, subject to town approval, multiple luxury condominiums, an apartment building for short or long-term rentals, or remaining as is. Architectural plans and renderings for potential luxury condominiums have been produced and are available. In its current use, the owner estimates future annual total rents of $156,000. The large unfinished lower level provides substantial space to lease for storage, shipping, or workshops. With the potential for both immediate income and redevelopment this is an outstanding opportunity for investors and developers to capitalize on a prime location in Manchester. Renderings are of a proposed luxury condominium development which is subject to town approval.

Amenities

• Bedrooms: 4
• Full Bathrooms: 4
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1900
• Built in 1900
• Home size: 10,644 ft² / 988.85 m²
• MLS: 73318441
• Status: Active

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