Commercial Sale at 116 Lowell Street, Manchester
Commercial Sale at 116 Lowell Street, Manchester, photo 2 of 18
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18 photos

$925,000

116 Lowell Street
Manchester, NH 03104
Listed by Krissy LaPorte · Keller Williams Realty-Metropolitan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1890

About this home

A flexible downtown Manchester office asset situated on a prominent corner lot with an unusually large on-site parking supply. The building's layout, visibility, walkability, and zoning context create a strong foundation for continued professional office use, owner occupancy, or a strategic transition to residential or mixed-use redevelopment. The current owner is willing to lease back most of the building until they can relocate, providing immediate income while allowing an owner-user to occupy the remaining office space or giving an investor time to plan for future repositioning or redevelopment. With its downtown location, strong parking ratio, and adaptive reuse potential, 116 Lowell Street offers a rare combination of current functionality and long-term opportunity.

Property details

MLS #
5104879
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 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
0.69 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)
0.07 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
HighCharter
Kreiva Academy Public Charter School (H)
0.07 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
111
Student:teacher ratio
15.9:1
District
Kreiva Academy Public Charter 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 1 days -- 89 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

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,720/mo
$185,000 down
$740,000 loan
Principal & interest$4,800
Property tax (est.)$771
Home insurance (est.)$150

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