$1,025,000
 $5,502 est/mo Sourced by Back At You

443 Lake Avenue , Manchester, NH 03103

Manchester, NH 03103

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Description

***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!

Details

MLS#4996145
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1897
Days On Site123
Listing Provided ByDowntown Realty | Matthew Lefebvre

Features

SQ Feet7,897
BasementY
Story(s)3
Units8
ZoningB-1
Acreage0.11

Market Activity 03103



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Learn More About This Property

StateNH
CountyHillsborough
CityManchester
Zip Code03103
Listing VS Median (in 03103)
Price:
$1,025,000
low | high
Med:
$315,000
100% of Average
SqFt:
7,897
low | high
Med:
1,850
100% of Average
$ / SqFt:
$130
low | high
Med:
$175
15.027432592182% of Average
On Site:
123
low | high
Med:
402.500000
30.55900621118% of Average
Sourced by Back At You
Listing Updated: September 5, 2024 at 4:03:36 AM PDT