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