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$3,400,000
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Property Description
Mixed-Use Building for Sale Prime mixed-use investment opportunity in the heart of downtown Manchester at 62 Lowell Street. Gorgeous brick building features a fully built-out, turn-key restaurant on the first floor and brand-new, 9 fully rented residential apartments on the second floor. The ground-floor commercial space was formerly operated as a full-service restaurant and bar and is being sold with a complete commercial kitchen, if desired, including hood system, walk-in coolers, major appliances, dishes, cookware, and equipment. The dining room seats approximately 180 guests, plus a fully built-out bar with seating for about 15+ patrons. The open layout can accommodate a wide range of concepts, from casual to upscale dining, nightlife, events, or other commercial uses. Upstairs, the second floor offers brand-new, beautifully finished residential units that are fully leased, providing immediate income for an investor. The residential mix includes: "¢ 1 studio "¢ 1 one-bedroom apartment "¢ 7 two-bedroom apartments All units are modern, attractive, and "ready to roll," making this an exceptional turnkey opportunity. Located in a high-visibility downtown location with heavy foot traffic & close proximity to the arena, nightlife, restaurants, and cultural attractions, 62 Lowell Street offers outstanding potential for both owner-occupants and investors. A rare chance to acquire a stabilized, income-producing property with a fully equipped restaurant space included. Broker Interest
Full Property Details
Full Property Details for 62 Lowell St
General
- Price: $3,400,000
- Taxes: $27,063 (2024)
- Status: Active
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5071163
- Updated: 12/6/2025
- Added to Site: 89 day(s) ago
Additional Information
- Equipment: Air Conditioner, HW/Batt Smoke Detector
Parking
- Parking: On Street
Location
- County: Hillsborough
- Driving Directions: Elm Street in Manchester, NH to Lowell Street, building on left
Heating & Cooling
- Cooling Type: Other
- Heating Type: Forced Air, In Ceiling, Natural Gas
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walkout
- Basement Desc.: Bulkhead, Concrete Floor, Exterior Access
- Roof: Bitumen, Flat, Membrane
- Square Feet: 22,800
- Finished Total: 15,200 Sq. Ft.
- Year Built: 1890
Unit Information
- Units in Building: 11
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Frontage: Yes Road Frontage
- Frontage Feet: 79
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $149.12
- Assessment Year: 2024
- Assessment Amount: $1,382,200
- Tax Amount: $27,063
- Tax Year: 2024
Timeshare
- Fractional Own: Adequate
Listed by Gamache Properties, Ben Gamache
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Schools
Schools serving 62 Lowell St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Mcdonough School 550 Lowell Street, Manchester, NH 03104 | K-5 | 1.1 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 1 mi |
Manchester Central High School 535 Beech Street, Manchester, NH 03104 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 62 Lowell St
Date
Details
Price
Change
Source
12/06/2025
Price Increased
$3,400,000
3.03%
MLS
12/03/2025
Listed
$3,300,000
725%
MLS
8/18/2004
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 62 Lowell St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,063
4%
$1,382,200
—
2023
$26,068
3%
$1,382,200
—
2022
$25,211
3%
$1,382,200
—
2021
$24,437
-21%
$1,382,200
10%
2020
$30,924
1%
$1,254,000
—
2019
$30,497
3%
$1,254,000
—
2018
$29,695
2%
$1,254,000
—
2017
$29,243
1%
$1,254,000
—
2016
$29,018
-2%
$1,254,000
-1%
2015
$29,720
—
$1,267,900
—
2014
$29,796
4%
$1,267,900
—
2013
$28,743
—
$1,267,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 62 Lowell St
62 Lowell Street, Manchester, NH 03101 (MLS# 5071163) is a Commercial Investment property. 62 Lowell Street is currently listed for $3,400,000 and was received on December 03, 2025. Want to learn more about 62 Lowell Street? Do you have questions about finding other Commercial Investment real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

