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You are here:
Home Massachusetts Manchester Commercial Properties for Sale

76 Summer Street Manchester, MA 01944

$2,197,000
Type: Office
Lease Type N/A
10644 Bldg. SQFT
6 Restroom
Parking: N/A
76 Summer Street
Manchester, MA 01944

Property Description

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Office
  • Location: Legal Conforming
  • MLS ID#: 73318245

Financial

  • Gross Annual Income: 156000
  • Net Operating Income: 131300

Building Information

  • Total SQFT: 10644
  • Total Restrooms: 6

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/12/2024Active$2,197,000$206MLSPIN
12/10/2024Active$2,197,000$206MLSPIN
12/08/2024New$2,197,000$206MLSPIN
12/06/2024New$2,197,000$206MLSPIN

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Map & Resources

Manchester Memorial Elementary School

Public Elementary School, Grades: PK-5

0.07mi

Manchester Essex Regional High School

Public Secondary School, Grades: 9-12

0.25mi

Manchester Essex Regional Middle School

Public Middle School, Grades: 6-8

0.25mi

Dunkin' Donuts

Donut & Coffee Shop

0.48mi

Manchester Police Headquarters

Local Police

0.55mi

Manchester Fire Department

Fire Station

0.48mi

Trask House Museum

Museum

0.48mi

Sweeney Park

Municipal Park

0.17mi

Masconomo Park

Municipal Park

0.51mi

Reed Park

Municipal Park

0.51mi

Powder House Hill Reservation

Municipal Park

0.46mi

Harbor Mudflats

Land Trust Park

0.51mi

Marsh Island & Days Creek

Private Park

0.55mi

Bennetts Brook Salt Marsh

Land Trust Park

0.83mi

Brook St Playground

Playground

0.14mi

Essex County Club

Golf Course

0.07mi

Weems Conservation Area

Recreation Ground

0.12mi

Forest Street Triangle

Recreation Ground

0.3mi

Brickyard Pond

Recreation Ground

0.32mi

Dexter Pond Conservation Area

Recreation Ground

0.56mi

Crocker Boat Yard

Recreation Ground

0.75mi

Cathedral Pines

Recreation Ground

0.83mi

Manchester-By-The-Sea Public Library

Library

0.5mi

Crosby's

Supermarket

0.46mi

Seller's Representative: Karen Bernier, Churchill Properties
MLS ID#: 73318245

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-10 03:05:00