Active

76 Summer Street # 4

Manchester MA, 01966

$2,197,000


$206.41 per sqft

Active

4 Beds

4 Baths

10,644 sqft

Condos

Built in 1900

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.

73318441

MLS ID

December 8, 2024

Listed

December 12, 2024

Updated

Map

76 Summer Street # 4
Manchester MA, 01966

Interior Features

Total Stories

3


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.37 Acres


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$11,135


Tax Frequency

Annually


Days on Market

4


Garage

Yes


Garage Spaces

1


Parking Total

19


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

G

 

Courtesy of Karen Bernier, Churchill Properties

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Data last updated 8:47 AM UTC, 12/12/2024

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