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
Gross Land Area: 0.80 Acres
Sale Price: $799,000
Unit Price: $998,750 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2024

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.

Additional Details

Nearest MSA: Concord
County: Merrimack
Taxing Authority: Canterbury, NH
Tax ID/APN: 000267029000000000
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

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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


Photograph of Listing Agent

Rose Culver

Granite Rose Real Estate, LLC
NECPE Member
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