303 Pine St - Apartments FOR SALE


Manchester, NH 03103- Kalivas-Union
$2,150,000 USD
603-682-3440
303 Pine St, Manchester, NH for Sale
$2,150,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

303 Pine St
Manchester, NH 03103
Kalivas-Union


HIGHLIGHTS

  • Gas Heat
  • Public Water and Sewer
  • Easy Access To Highways
  • Walkable to Downtown

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$370 USD /SF

# OF UNITS

13

PRICE/UNIT

$165,385

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

13 Unit Mult-Family With Retail Storefront

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

Commercial- DT-1

APN/PARCEL ID

MNCH-000102-000000-000017

ASK ABOUT THIS PROPERTY

Deana ArdenNAI Norwood GroupMore Info
603-682-3440

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Deana ArdenNAI Norwood GroupMore Info
603-682-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.