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.
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Last Updated: December 11th, 2024 at 7:03am
General Information for 76 Summer Street, Manchester, Massachusetts 01944
Property TypeCommercial Sale
Price$2,197,000
MLS #73318245
List Date2024-12-06
Special Listing Conditions
StateMassachusetts
Street NameSummer Street
Unit
CityManchester
Zip Code01944
CountyEssex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total10644
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress76 Summer Street, Manchester MA 01944
Zoning
Zoning DescriptionLegal Conforming
Business TypeProfessional/office
Interior Features for 76 Summer Street, Manchester, Massachusetts 01944
* Approx. Living Area Total10,644 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 76 Summer Street, Manchester, Massachusetts 01944
* Parking Spaces19
* Year Built1900
Year Built Details
Year Built Source
Construction Materials
Approx. Street Frontage100.00
Utilities
Disclosures for 76 Summer Street, Manchester, Massachusetts 01944
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 76 Summer Street, Manchester, Massachusetts 01944
Association Fee$0
Association Fee Frequency
Associaton Fee Includes
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$2,197,000
Lifestyle Information for 76 Summer Street, Manchester, Massachusetts 01944
Association Amenities
Frontage Type
GarageYNNo
Location information for 76 Summer Street, Manchester, Massachusetts 01944
Marketing History for 76 Summer Street, Manchester, Massachusetts 01944
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 76 Summer Street, Manchester, Massachusetts 01944