76 Summer Street , Manchester, MA 01944
Manchester, MA 01944
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 building’s floor plan is highly adaptable to suit various office needs, while 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.
Details
| MLS# | 73318245 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 43 |
| Listing Provided By | Churchill Properties | Karen Bernier |
Features
| Bath(s) | 6 |
|---|---|
| SQ Feet | 10,644 |
| Zoning | G |
| Acreage | 0.37 |
Market Activity 01944
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Manchester |
| Zip Code | 01944 |
| Area | Essex |
| Listing VS Median (in 01944) | |
Price: $2,197,000 low | high Med: $1,100,000 SqFt: 10,644 low | high Med: 2,103 $ / SqFt: $206 low | high Med: $523 On Site: 43 low | high Med: 54.000000 | |