LAND - on Merchant's Way roundabout, off Rte 93 at Exit 17
Vacant Land
for Sale
Catylist Listing ID: |
30871981 |
Property Subtypes: |
Hospitality, Office, Retail
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Gross Land Area: |
0.80 Acres
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Sale Price: |
$799,000 |
Unit Price: |
$998,750 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
7/3/2024 |
Overview / Comments
Amazing opportunity to establish your business in the rapidly developing Exit 17 area off of Route 93! This property is directly accessible from the Route 4 roundabout. Join a growing number of retail outfits established in this area including Market Basket, Home Goods, NH Liquor and Wine Outlet, Wendy's, Service Credit Union, Mobil, Jersey Mikes, etc. All utilities are at the site, which is currently being used as a residence. On the back side of the property there is an elevated view of Oxbow Pond and an eagle aerie. Zoning is Commercial.
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Additional Details
Nearest MSA: |
Concord |
County: |
Merrimack |
Taxing Authority: |
Canterbury, NH |
Tax ID/APN: |
000267029000000000 |
Zoning: |
C - COMMERCIAL |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Route 4 roundabout at Merchant's Way |
Highway Access: |
Less than half a mile to Interstate 93. |
Site Description: |
Currently used as a residence, this property is in the Commercial Zone and highest and best use would likely be retail or hospitality given its very close proximity to Interstate 93 and Merchant's Way. Easily accessed by roundabout off of Route 4. |
Area Description: |
Directly across the roundabout at Route 4 is Merchant's Way, which is continually evolving in its development. Current retailers and businesses include Market Basket, Home Goods, NH Liquor and Wine Outlet, Service Credit Union and Wendy's, etc. |
Lot Frontage: |
TBD |
Zoning Description: |
Commercial - (from zoning ordinance) "To permit commercial and retail growth and development in those areas most convenient to residents and to visitors so as to meet the daily needs of the community." |
Development Name: |
Merchant's Way is on other side of roundabout. |
Topography: |
Gently Sloping |
Available Utilities: |
Electric, Cable, Internet Access |
Water Service: |
Well |
Sewer Type: |
Septic |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
922 |
11,666 |
32,317 |
Median Age: |
39.55 |
37.81 |
40.32 |
Households: |
386 |
4,760 |
12,387 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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