Peck, Kelleher and Pentore of Horvath & Tremblay arrange sale of a 15-unit mixed-use property in Manchester, NH

Manchester, NH William Peck, Dennis Kelleher and John Pentore of Horvath & Tremblay have arranged the sale of a 15-unit mixed-use property. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.51 million.
The mixed-use property is located at 63 Stark St. The property is a four-story brick building that contains a total of 15 units. The property consists of one commercial unit and 14 residential units comprised of five, two-bedroom/one-bathroom units and nine, one-bedroom/one-bathroom units with 15,408 s/f of living/rentable area in 21,736 s/f on a 0.24-acre parcel. The property also features an on-site coin-operated laundry facility in the lower level, 12 off-street parking spaces and two garage stalls.
Centrally located in the heart of downtown, 63 Stark St. occupies a highly desirable urban setting in the mill district between Canal St. and Elm St. (U.S. Rte. 3), two of the city’s primary commercial corridors, and is just moments from Bridge St., a major east-west connector. The property is within walking distance of the downtown district, providing residents with immediate access to an extensive selection of restaurants, retailers, entertainment venues, and nightlife destinations. Nearby amenities include Pulaski Park, SNHU Arena, Gill Stadium, Sheehan-Basquil Park, and numerous cultural attractions that contribute to the area’s dynamic live-work-play environment.