Description
This is a rare offering of an office building, situated on 16,200 sf with more than 19 parking spaces, located just 2/10 of a mile from the town center and the commuter rail. the property provides many potential investment opportunities including, subject to town approval, multiple luxury condominiums, an apartment building for short or long-term rentals, or remaining as is. architectural plans and renderings for potential luxury condominiums have been produced and are available. in its current use, the owner estimates future annual total rents of $156,000. the large unfinished lower level provides substantial space to lease for storage, shipping, or workshops. with the potential for both immediate income and redevelopment this is an outstanding opportunity for investors and developers to capitalize on a prime location in manchester. renderings are of a proposed luxury condominium development which is subject to town approval.
Property Type
ResidentialCounty
EssexStyle
ResidentialAD ID
47970917
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Property Details
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BuyOwner last updated this listing 12/18/2024 @ 11:23
- MLS: 73318441
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Property Information Network
is a Home, with 4 bedrooms which is for sale, it has 10,644 sqft, 0 sized lot, and 1 parking. are nearby neighborhoods.