Price Reduced 14.58%
Listing courtesy of Matthew Lefebvre, Downtown Realty Phone: 603-554-2309
Price History
$1,200,000
5/17/2024
$1,100,000
5/29/2024
$1,025,000
6/5/2024
443 Lake Avenue, Manchester, NH, 03103
0 beds
1897
Multi-Family
5,690 sqft
***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!
Status:
Pending
Type:
Multi-family
Units:
8
Zoning:
B-1
Frontage:
170
Heating:
Baseboard, Electric, Floor Furnace, Wall Units
Cooling:
None
Basement:
Dirt
Acreage:
0.11
Est. Taxes:
$9,581
Lot Description:
City Lot,Corner
MLS #:
4996145