***Exceptional Mixed-Use Investment Opportunity - 8 Units in the Heart of Manchester** Welcome to 443 Lake Avenue & 26-30 Massabesic Street. Situated on the corner of Lake Avenue, Hall Street, and Massabesic Street, these 4 unit properties would make an excellent addition to any portfolio. 443 Lake Avenue is comprised of three apartments (two 2BD/1BA, one 1BD/1BA) and one restaurant. The restaurant is currently leased to Bangkok Kitchen, a thriving Thai Food Restaurant (a local favorite!), with a lease in place until December 2029. 26-30 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. One retail unit is currently leased to Davina Beauty Spa, the other is rented to Bangkok Kitchen for storage. The properties are ideally situated in a location that ensures both tenant satisfaction and business success. Located across the street from Harriman Park and Lake Ave Foodmart, just 1 mile from Elliot Hospital, and a 5 min drive to all amenities Downtown Manchester has to offer. Utilities are separated for every unit across both buildings. Heat and hot water includes a variety of systems with electricity, gas, or oil as the heat source. Don't miss the opportunity to invest in this standout property where residential stability meets commercial vitality- schedule your showing today!
MLS# | 4996145 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1897 |
Days On Site | 123 |
Listing Provided By | Downtown Realty | Matthew Lefebvre |
SQ Feet | 7,897 |
---|---|
Basement | Y |
Story(s) | 3 |
Units | 8 |
Zoning | B-1 |
Acreage | 0.11 |
State | NH |
---|---|
County | Hillsborough |
City | Manchester |
Zip Code | 03103 |
Listing VS Median (in 03103) | |
Price: $1,025,000 low | high Med: $315,000 SqFt: 7,897 low | high Med: 1,850 $ / SqFt: $130 low | high Med: $175 On Site: 123 low | high Med: 402.500000 |