$2,197,000

Est. Mortgage $10,965/mo *

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76 Summer Street, Manchester, MA, 01944

76 Summer Street, Manchester, MA, 01944
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1900

10,644 sqft

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.

Status:

Active

Type:

Commercial

Zoning:

G

Frontage:

100.00

Parking:

19-car

Acreage:

0.37

Est. Taxes:

$11,135

Utilities

Public Water, Public Sewer

MLS #:

73318245

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Karen Bernier, Churchill Properties Phone: 978-515-7031