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Listed by Deana Arden • NAI Norwood Group
$ 2,150,000
Est. payment /mo
New
303 Pine ST Manchester, NH 03103
8,344 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,344 sqft
Price per Sqft $257
MLS Listing ID 5102100
Year Built 1910
Annual Tax Amount $10,761
Tax Year 2025
Property Description
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.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Commercial DT-1
Rooms
Basement Entrance Interior
Basement Other
Interior
Inclusions Building
Exterior
Utilities Available Gas On-Site, Other
Roof Type Tar and Gravel
Building
Sewer Public
Others
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