Claremont NH, a sudden and strong rebirth with major new development investments in market rate housing (most pre-sold) demonstrating a strong demand. A historic town that showcases beautiful architecture throughout the city created from its glorious past. Several new manufacturing companies relocated and expanded. Recent uptick of small businesses. Downtown has undergone major infrastructurer improvements and continues to support and encourage addt businesses. Over the last few years virtually all the industrial vacancies have been absorbed. A recent surge in sales and pricing. Regional shopping center as border town to VT. Growth from Lebanon/Hanover is accelerating as commuters get priced out and there is limited zoning for growth between the towns due to rural zoning.
The subject site is perched at the highest elevation in the core area. Offering panoramic views of VT, Downtown mill bldgs, area hills. 1/4 mile to regional and national retailers. Easy walk to the town center thru a city park, over the Sugar River on a ped. bridge with views of the falls, to restaurants, etc. Even with its central location the site is private and quiet with 25 acre city owned land abutting (possible expansion area). Zoned CR-2 (MF. up to 52du/$8500 per unit) Assisted living by special exception. City open to discussion on office or hospitality use. Good site conditions. Town water and sewer. Existing 3BR rental house. Broker Interest.
Dead end location on top of hill in middle of town. 3/4 panoramic views of downtown, south hills. Vt. mtns to west. 1/4 mile to major shopping. Adj to downtown core area, less than 5 min walk to center (over pedestrian bridge over Sugar River with view of dramatic waterfalls) Possible addt land
Area Description:
walk to Common Man restaurant & Inn and core area merchants. 1/4 mile to shopping, 2 miles to I-91. Half hour to Lebanon/DHMC/Hanover.
Lot Frontage:
67
Zoning Description:
5000 Sf per unit. SF or MF by right. Additional uses possible with favorable opinion of rezoning to Hotel by City
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