Commercial Sale at 194-196 LAKE Avenue, Manchester
Commercial Sale at 194-196 LAKE Avenue, Manchester, photo 2 of 12
Commercial Sale at 194-196 LAKE Avenue, Manchester, photo 3 of 12
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Commercial Sale at 194-196 LAKE Avenue, Manchester, photo 5 of 12
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Commercial Sale at 194-196 LAKE Avenue, Manchester, photo 12 of 12
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$799,000

194-196 LAKE Avenue
Manchester, NH 03103
Listed by Joan E Blais · BHHS Verani Londonderry
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1958

About this home

Real Estate AND a popular Restaurant Business, in Unit #1. Buy the whole building, land and busines;$799,000.! Seats 45! Take-out is tops in town! Brand New Restaurant equipment AND remodeled building (it was Joseph Brothers market for years), plus collect rent from Barber Shop in unit #2. Parking in front. Mainly hot chicken restaurant but ideal for other food, also. Bring your own style of cooking! All new stainless-steel kitchen including state of the art exhaust fan features. Land,building, incoming Barber rent, take-out & delivery. business 3,750 sq ft bldg. $799,000. Unit #2 is long-term barber. His lease will pay most of building cost. OR Restaurant Business only, $275,000.,including all equipment, which you would then own; and lease building for $3,000. a month. w/ option to buy building later, if you want. Come see! The only one like it on market! see MLS #5090721 for business only

Property details

MLS #
5093155
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
68
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Beech Street School
0.27 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
477
Student:teacher ratio
11.4:1
District
Manchester School District
MiddleCharter
Kreiva Academy Public Charter School (M)
0.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
63
Student:teacher ratio
15.8:1
District
Kreiva Academy Public Charter School District
High
Manchester Central High School
0.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,305
Student:teacher ratio
15.5:1
District
Manchester School District

Walkability

Blended score for Manchester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores19
Parks20
Schools20
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Manchester, from live MLS data.

On the market 68 days -- 22 fewer days than Manchester's current average of 90 days.
For reference, the median list price across 376 active listings in Manchester right now is $320,000.

Mortgage calculator

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Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 06/06/26.