For Sale
$2,197,000

76 Summer St Manchester, MA 01944

Prime Manchester location, high income potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 16,200 square foot office building presents a unique investment opportunity in Manchester, MA. Situated on a 0.37-acre lot, this property boasts over 19 parking spaces and is conveniently located less than two-tenths of a mile from the town center and commuter rail. Currently generating an estimated $156,000 in annual rental income, the building offers significant upside potential. The adaptable floor plan caters to various office configurations, while a large unfinished lower level provides ample space for storage, shipping, or workshop uses. This versatile property also presents exciting redevelopment possibilities. Architectural plans and renderings for a potential luxury condominium conversion are available, subject to town approval. Alternatively, the property could be repurposed as an apartment building for short-term or long-term rentals. This prime Manchester location, combined with its strong income potential and redevelopment possibilities, makes this an outstanding investment for both developers and investors seeking a high-return opportunity in a desirable market. The asking price is $2,197,000.

Property Details for 76 Summer St

Property type
Commercial real estate
Year Built
1900
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Manchester
County
Essex
State
Massachusetts
Latitude
42.57791
Longitude
-70.76414

FAQs

What type of property is this?
Commercial real estate - Prime Manchester location, high income potential.
Where is the commercial real estate located?
The property is located at 76 Summer St Manchester, MA.
What is the asking price?
The asking price for this property is $2,197,000.
How can I contact the broker?
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76 Summer St
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