***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!
Listing courtesy of Matthew Lefebvre at Downtown RealtyProperty Details
Price:
$1,025,000
MLS #:
4996145
Status:
Under Contract
Baths:
0
Address:
443 Lake Avenue
Type:
Multi Family
City:
Manchester
Listed Date:
May 17, 2024
State:
NH
Finished Sq Ft:
5,690
ZIP:
03103
Lot Size:
4,792 sqft / 0.11 acres (approx)
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Schools
Interior
Basement Description
Dirt
Cooling
None
Electric
100 Amp
Heat Fuel
Gas – Natural, Oil
Heating
Baseboard, Electric, Floor Furnace, Wall Units
Exterior
Driveway
Paved
Foundation
Concrete, Fieldstone
Roof
Shingle – Asphalt
Sewer
Public
Utilities
Cable – Available
Financial
Map
Community
- Address443 Lake Avenue Manchester NH
- CityManchester
- Zip Code03103
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443 Lake Avenue
Manchester, NH
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