235 Hanover Street Manchester, NH $ 7,250,000
235 Hanover Street
$ 7,250,000
Share Save

235 Hanover Street

Manchester, NH, 03104
$ 7,250,000
Baths0.0 Sq 22,732

Monthly Estimate*

$ 45,231

Listed by Matthew Lefebvre, Downtown Realty, 603-554-2309, mlefebvre@dtrnh.com
235 Hanover Street, Manchester, NH 03104 - Image 1
235 Hanover Street, Manchester, NH 03104 - Image 2
235 Hanover Street, Manchester, NH 03104 - Image 3
235 Hanover Street, Manchester, NH 03104 - Image 4
235 Hanover Street, Manchester, NH 03104 - Image 5
235 Hanover Street, Manchester, NH 03104 - Image 6
235 Hanover Street, Manchester, NH 03104 - Image 7
235 Hanover Street, Manchester, NH 03104 - Image 8
235 Hanover Street, Manchester, NH 03104 - Image 9
235 Hanover Street, Manchester, NH 03104 - Image 10
235 Hanover Street, Manchester, NH 03104 - Image 11
235 Hanover Street, Manchester, NH 03104 - Image 12
235 Hanover Street, Manchester, NH 03104 - Image 13
235 Hanover Street, Manchester, NH 03104 - Image 14
235 Hanover Street, Manchester, NH 03104 - Image 15
235 Hanover Street, Manchester, NH 03104 - Image 16
235 Hanover Street, Manchester, NH 03104 - Image 17
235 Hanover Street, Manchester, NH 03104 - Image 18
235 Hanover Street, Manchester, NH 03104 - Image 19
235 Hanover Street, Manchester, NH 03104 - Image 20
235 Hanover Street, Manchester, NH 03104 - Image 21
235 Hanover Street, Manchester, NH 03104 - Image 22
235 Hanover Street, Manchester, NH 03104 - Image 23
235 Hanover Street, Manchester, NH 03104 - Image 24
235 Hanover Street, Manchester, NH 03104 - Image 25
Studio

Multi-Family Home for sale in Manchester, NH

for $7,250,000. This 22,732 square foot home was built in 1892 on a lot size of 0.38.

The Flats @ Hanover Commons is a distinguished ±22,732 SF four-story mixed-use brick building at the corner of Hanover and Union Street. Converted to apartments and painstakingly renovated in 2017, this stabilized asset includes 32 upscale residential units, five boutique office suites, and a long-standing café tenant. The building blends historic character with modern systems—individual high-efficiency minisplits, shared hot water, building-wide Wi-Fi, elevator access, and full sprinkler coverage. Apartments are primarily modern micro-studios, along with select 1BR and 2BR units—some with private decks. Residents enjoy shared amenities including a fitness center, laundry room, and off-hours café access. The office suites on the first floor are fully leased, and the café features a strong, established operator. The ±0.17-acre main parcel includes a patio and seating area, while a separately deeded ±0.21-acre parking lot at 269 Hanover provides 20 off-street spaces and future development potential. Positioned in the thriving Central Business District, 235 Hanover Street offers a turnkey, income-producing opportunity with stable tenancy, quality finishes, and long-term upside. Opportunity to assume low interest rate, agency debt for qualified buyers. Inquire for additional details and financials. One or more members of the ownership entity is a licensed New Hampshire real estate broker. All showings by appointment only; do not disturb on-site businesses or tenants.

See more

Multi-Family Active

Price

$ 7,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building,Multi-Family

Lot Size

0.38

Year Built

1892

Town/City

Manchester

County/Region

Hillsborough

MLS | Web ID

5044768

Features
Interior
Basement Description Concrete Floor
Basement Yes
Total Number of Units 38
See more
General
Road Frontage TBD
Sewer Public
Heating Mini Split
Cooling Mini Split
Utilities Cable at Site Gas On-Site
Roof Flat Membrane
Garage No
Flood Zone No
Zoning Central Business District
Year Built 1892
Electric 100 Amp Service 200+ Amp Service Circuit Breaker(s)
Style Apartment Building Multi-Family
Stories Count 4+
Construction Status Existing
Block 0
Assessment Amount 3488100
Auction No
Tax Year 2024
Status Detail 0
Covenants Unknown
Construction Materials Masonry Steel Frame
Directions From I-293 take Exit 5 onto Granite St. Granite becomes Lake Ave. Take Pine St north and turn right onto Hanover. Property is located at intersection of Hanover & Union Street.
City Manchester
Seasonal No
DOM 184
Price Per Sq Ft Total AG 318.93
See more
Exterior
Lot Features City Lot Corner Level Street Lights Near Country Club Near Golf Course Near Shopping Near Public Transportatn Near Hospital Near School(s)
Driveway None Paved
Lot Size Area 0.38
Water Source Public
Parking Features Deeded Off Street
Foundation Brick Granite
Lot 0016
Waterfront Property No
Water Body Access No
See more
* Excluded Features
List By
Matthew Lefebvre

Listing Agent

Downtown Realty

Broker

(603) 554-2309

Phone

mlefebvre@dtrnh.com

Email

Affordability Calculator

$45,231
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,231
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2025$7,250,000 Listed Price

Map


See all

235 Hanover Street, Manchester, NH, 03104 is a Multi-Family Home for sale at $7,250,000 with 22,732 sqft and a lot size of 0.38. 235 Hanover Street is a studio with 0.0 baths and was built in 1892. The property's zip code is 03104 which is in Manchester, NH