The building features a substantial footprint and multiple income streams. The second floor may be approved for residential space, can be permitted for two units. These units are unfinished, offering immediate value-add potential for Luxury rentals, owner occupancy, or high-end condominium conversion. Ideally located amid boutique, hotels, acclaimed restaurants, galleries, public parking, and near major regional institutions, 172 Hanover Street benefits from consistent foot traffic, tourism appeal, and strong local demand. It's a rare offering that blends current income stability with meaningful growth opportunities in a walkable, dynamic downtown setting.