Listing courtesy of Ben Gamache, Gamache Properties 603-623-4956
62 Lowell Street, Manchester, NH, 03101
1890
15,200 sqft
Mixed-Use Building for Sale Prime mixed-use investment opportunity in the heart of downtown Manchester at 62 Lowell Street. Gorgeous brick building features a fully built-out, turn-key restaurant on the first floor and brand-new, 9 fully rented residential apartments on the second floor. The ground-floor commercial space was formerly operated as a full-service restaurant and bar and is being sold with a complete commercial kitchen, if desired, including hood system, walk-in coolers, major appliances, dishes, cookware, and equipment. The dining room seats approximately 180 guests, plus a fully built-out bar with seating for about 15+ patrons. The open layout can accommodate a wide range of concepts, from casual to upscale dining, nightlife, events, or other commercial uses. Upstairs, the second floor offers brand-new, beautifully finished residential units that are fully leased, providing immediate income for an investor. The residential mix includes: • 1 studio • 1 one-bedroom apartment • 7 two-bedroom apartments All units are modern, attractive, and “ready to roll,” making this an exceptional turnkey opportunity. Located in a high-visibility downtown location with heavy foot traffic & close proximity to the arena, nightlife, restaurants, and cultural attractions, 62 Lowell Street offers outstanding potential for both owner-occupants and investors. A rare chance to acquire a stabilized, income-producing property with a fully equipped restaurant space included. Broker Interest
Status:
Active
Type:
Commercial
Units:
11
Zoning:
Commercial
Frontage:
79
Heating:
Forced Air, In Ceiling, Natural Gas
Cooling:
Other
Parking:
On Street
Acreage:
0.18
Est. Taxes:
$27,063
Assessment
$1,382,200
Construction
Brick Exterior
Elevator:
Y
MLS #:
5071163