List Price: $4,500,000 | $175 per sq.ft. Commercial
Space type
Under Contract Date Listed Friday Sep 15, 2023 | MLS# 4970277


Address: 88 Lowell Street Manchester NH
Listed by Andrew Peterson Four Seasons Sotheby's International Realty
Description:
This magnificent c.1841 brick grammar school building...artfully restored and completely renovated in 2009 to include superb six story classroom and residence hall...offers a most flexible design a myriad of potential uses. Currently the home of a distinguished art school, the property houses 54 students on levels 3-6 in en-suite style including shared bathrooms with the adjoining suite. Sixth floor offers small manager's apartment and wonderful lounge/cafe' with views over the cityscape. Classroom/office space extends to first two floors and large lower level space, all serviced by central elevator and stairways. Building features exciting energy efficient design, geo-thermal heating and cooling, energy recapture systems and a LEEDS standard designation. A singular downtown building, considered Manchester's finest!
Building Type : Opportunity

Disability Features : Access Common Use Areas | Access Restrooms | Accessibility Features | Hard Surface Flooring | Multi-Level Bus w/Elevatr | Multi-Level w/4 Ft Stairs

Equipment : Indoor Air PLUS Package | Smoke Detectr-HrdWrdw/Bat | Sprinkler System | Generator - Standby

Sale Includes : Land/Building

Features
Signage: Adequate
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 2009
Brick Exterior | Combination Exterior
Price Per SQ.FT. 174.64 Eevators 1
No. of Units: 28
Building Size : 25768
Available SQFT : 25768
Building Type: Opportunity

ExteriorRoof: Membrane | Other

InteriorBuilding Energy Certification: LEED for Homes
Basement: Climate Controlled | Concrete Floor | Finished | Full | Partially Finished | Stairs - Interior | Storage Space | Interior Access
Sprinkler: Wet.

Land Information

Lot size: 0.22 acres
Zoned: c1+CBD
Road Frontage: 100
Garage And Parking: On Street
Road Frontage: 100
No. of Docks | 0.

UtilitiesHeating: Geothermal | Other
Cooling: Central AC
Electric: 3 Phase | Circuit Breaker(s) | Generator
Utilities: Cable - At Site | Gas - At Street | Multi Phone Lines | Underground Utilities
AC % | 100.

Additional Information
Docs Available : Building Plans | Plot Plan | Tax Map
Taxes $97,642
Assesed Value Not Reported
Schools

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