#5045076, Matthew Lefebvre, Listing office: Downtown Realty

119 Hanover St Manchester, NH 03101
Property details
About 119 Hanover St
119 Hanover Street presents a rare opportunity to own a fully occupied, mixed-use property in the heart of downtown Manchester, all for under $3 million! Positioned on the corner of Hanover and Chestnut Street—just steps from The Palace Theater, Hanover Street Chophouse, and major new multifamily developments—this location offers unmatched walkability and visibility. The two-story brick building features 11 fully leased apartments (a mix of studios and 1-bedrooms), 5 commercial storefronts, and a long-standing billboard lease. Every unit has undergone significant renovations in the past two years, including new electrical panels, updated plumbing, a new rubber roof, high-efficiency mini-splits, and a freshly painted exterior. Each residential unit is outfitted with high-end finishes such as granite countertops, stainless steel appliances, premium LVP flooring, and in-unit A/C. Residents also enjoy free high-speed Wi-Fi, a new laundry room, and 24/7 security coverage via high-resolution interior and exterior cameras. All five commercial spaces are leased on multi-year terms to a stable mix of retail and restaurant tenants. The on-site billboard—rented for nearly 30 years—offers additional upside with a tenant currently paying below-market rent on an at-will basis. Don’t miss this chance to acquire a fully renovated, income-producing building in one of New Hampshire’s strongest rental markets.
Highlights
Summary
- Basement: Yes
- Heating: Natural Gas, Electric, Steam
- Cooling: Zoned
- List Price: $2,900,000
- Price/SqFt: $257
- Annual Tax Amount: $16,829
- Tax Year: 2023
- Year Built: 1910
- Stories: 2
- Living Area: 11,248 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 5037275
- Office Name: Downtown Realty
- Office Phone: (603) 554-2309
- Office Email: info@dtrnh.com
- Listing Agent: Matthew Lefebvre
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Last updated on: 7/22/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 15, 2020 | Home Sold | $1,550,000 |
Jun 27, 2016 | Home Sold | $1,100,000 |
May 03, 2000 | Home Sold | $429,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $892,300 | $16,829 |
2022 | $892,300 | $16,276 |
2021 | $892,300 | $15,776 |
2020 | $693,300 | $17,097 |
2019 | $693,300 | $16,861 |
2018 | $693,300 | $16,417 |
History based on county public records data.
Nearby schools
1
Beech Street School
Public District KG-5
0.5 mi
•333 Beech St
1
Henry Wilson Elementary School
Public District KG-5
0.7 mi
•555 Cedar St
6
Polaris Charter School
Public Charter KG-5
0.9 mi
•100 Coolidge Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,453. The majority of Manchester, NH residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Manchester, NH
Manchester's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is increasingly focusing on enhancing walkability and bikeability, particularly in the downtown area, to promote a more pedestrian-friendly environment. Ride-sharing services are operational, complementing the existing transportation options and offering additional convenience for residents and visitors.
The city is served by a robust educational system, including numerous public schools that span elementary to high school levels, alongside private institutions that cater to a range of educational needs. Manchester is home to several healthcare facilities, offering services from primary care to specialized medical treatments. The public library system is well-established, providing residents with access to a wealth of resources and programs. Retail and dining options reflect the local culture, with a blend of national chains and independent businesses that cater to a variety of tastes and preferences.
Manchester prides itself on a vibrant community spirit, underscored by annual events that showcase the city's cultural heritage and local talent. The city's character is further enriched by its public parks, museums, and art galleries, which serve as hubs for community engagement and cultural expression. Residents and visitors alike enjoy a variety of recreational and entertainment options that contribute to the city's lively yet family-friendly atmosphere.
Manchester's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles in the area are varied, with a notable presence of colonial, ranch, and Victorian homes. A significant portion of the housing stock was constructed during the late 20th century, reflecting a period of growth and development. The city has a healthy homeownership rate, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.
About 119 Hanover St
The listing price of 119 Hanover St property is $2,900,000.
The property 119 Hanover St is land located in Manchester, New Hampshire, 03101.
Active Listing: 119 Hanover St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 119 Hanover St are: Beech Street School (GreatSchools Rating 1/10), Henry Wilson Elementary School (GreatSchools Rating 1/10), Polaris Charter School (GreatSchools Rating 6/10), Middle School at Parkside (GreatSchools Rating 2/10), Hillside Middle School (GreatSchools Rating 2/10), Southside Middle School (GreatSchools Rating 1/10), Manchester Central High School (GreatSchools Rating 3/10), Manchester West High School (GreatSchools Rating 1/10), Manchester Memorial High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $16,829 (source: MLS/based on county public records data).
The last sale was on October 15, 2020 for $1,550,000 (source: MLS/tax record).
The property 119 Hanover St is 0.14 acres.
The property 119 Hanover St is 11,248 SqFt (source: MLS/tax record).
The year of construction for 119 Hanover St is 1910.
This home is located at 119 Hanover St in Manchester, NH and zip code 03101. This 11,248 square foot home, which was built in 1910, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $2,900,000.
While more than 65 listings in Manchester, NH in June 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Manchester, NH between May and June 2025 increased by 32.4%. Listings spent 8 days on the market in June 2025, and had a median list price of $472,500 during the same period.