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$7,250,000

235 Hanover St Manchester, NH 03104

22,732 sqft
0.4 acres
$319 / sqft
Land

Property details

About 235 Hanover St

The Flats @ Hanover Commons is a distinguished ±22,732 SF four-story mixed-use brick building at the corner of Hanover and Union Street. Converted to apartments and painstakingly renovated in 2017, this stabilized asset includes 32 upscale residential units, five boutique office suites, and a long-standing café tenant. The building blends historic character with modern systems—individual high-efficiency minisplits, shared hot water, building-wide Wi-Fi, elevator access, and full sprinkler coverage. Apartments are primarily modern micro-studios, along with select 1BR and 2BR units—some with private decks. Residents enjoy shared amenities including a fitness center, laundry room, and off-hours café access. The office suites on the first floor are fully leased, and the café features a strong, established operator. The ±0.17-acre main parcel includes a patio and seating area, while a separately deeded ±0.21-acre parking lot at 269 Hanover provides 20 off-street spaces and future development potential. Positioned in the thriving Central Business District, 235 Hanover Street offers a turnkey, income-producing opportunity with stable tenancy, quality finishes, and long-term upside. Opportunity to assume low interest rate, agency debt for qualified buyers. Inquire for additional details and financials. One or more members of the ownership entity is a licensed New Hampshire real estate broker. All showings by appointment only; do not disturb on-site businesses or tenants.

Highlights

Home typeOther
HeatingZoned
StatusActive
CoolingZoned
Size22,732 sqft
BasementYes
Lot size0.38 Acres
Year built1892
ParkingDeeded, Off Street
MLS #5044768

Summary

  • Basement: Yes
  • Parking: Deeded, Off Street
  • Heating: Zoned
  • Cooling: Zoned
  • List Price: $7,250,000
  • Price/SqFt: $318
  • Annual Tax Amount: $65,786
  • Tax Year: 2023
  • Directions: From I-293 take Exit 5 onto Granite St. Granite becomes Lake Ave. Take Pine St north and turn right onto Hanover. Property is located at intersection of Hanover & Union Street.
  • Year Built: 1892
  • Living Area: 22,732 SqFt
  • Lot Size: 0.38 Acres
  • MLS Number: 5044768
  • Office Name: Downtown Realty
  • Office Phone: (603) 554-2309
  • Office Email: info@dtrnh.com
  • Listing Agent: Matthew Lefebvre

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$3,488,100$65,786
2022$3,488,100$63,623
2021$641,400$11,340
2020$460,400$11,353
2019$460,400$11,197
2018$460,400$10,902

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

0.6 mi

555 Cedar St

4

McDonough School

Public District KG-5

0.9 mi

550 Lowell St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,000. Residents of Manchester, NH typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
41%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
22%
Single, with Kids
10%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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 235 Hanover St

The listing price of 235 Hanover St property is $7,250,000.

The property 235 Hanover St is land located in Manchester, New Hampshire, 03104.

Active Listing: 235 Hanover St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 235 Hanover St are: Beech Street School (GreatSchools Rating 1/10), Henry Wilson Elementary School (GreatSchools Rating 1/10), McDonough School (GreatSchools Rating 4/10), Hillside Middle School (GreatSchools Rating 2/10), Middle School at Parkside (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 $65,786 (source: MLS/based on county public records data).

The property 235 Hanover St is 0.38 acres.

The property 235 Hanover St is 22,732 SqFt (source: MLS/tax record).

The year of construction for 235 Hanover St is 1892.

This home is located at 235 Hanover St in Manchester, NH and zip code 03104. This 22,732 square foot home, which was built in 1892, sits on a 0.38 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $7,250,000.

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. In June 2025 in Manchester, NH there were 32.4% more homes for sale than in May. While the average time on the market in June 2025 was 8 days, the median list price was $472,500.

From Rocket Homes Real Estate and based on county public records data.

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