15
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$3,400,000
Est. payment /mo
15,200 SqFt
New
62 Lowell ST Manchester, NH 03101
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,200 sqft
Price per Sqft $223
MLS Listing ID 5071163
Year Built 1890
Annual Tax Amount $27,063
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Description
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
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Commercial
Rooms
Basement Entrance Walkout
Basement Bulkhead, Concrete Floor, Exterior Access
Interior
Cooling Other
Inclusions Building, Equipment, Land/Building/Business, Other
Exterior
Utilities Available Cable Available, Gas On-Site, Multi Phone Lines
Roof Type Bitumen,Flat,Membrane
Building
Sewer Public
Others
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