27 Acres - Performance Zone

Vacant Land for Sale
Catylist Listing ID: 30214154
Property Subtypes: Hospitality, Industrial, Office, Retail, Other
Gross Land Area: 27.25 Acres
Sale Price: $2,375,000
Unit Price: $87,155 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2019

Overview / Comments

* Easement to Commerce Park lighted intersection
* Situated in an Economic Revitalization Zone (ERZ) with tax credits available
* Can be joined with abutting site (owned separately) to total 40+ acres
* $150,000 of existing due diligence materials

308 South River Road is a prime 27.25 acres land site situated along Route 3 (an adjacent site of 13.26 acres is available separately). Located in the Performance Zone along one of New Hampshire's major North-South arteries, the site is ideal for retail, restaurant, hotel, office or industrial development. The site's access is served by both a curb cut directly on Route 3 as well as an easement to Commerce Park West allowing for complete access to four-way lighted intersection.

The site enjoys excellent visibility and frontage on the both the F.E. Everett Turnpike and South River Road/Route 3. 308 South River Road is located near the Manchester-Boston Regional Airport and is easily accessible from Route 101, I-293 and I-93. It is bordered to the south by Commerce Drive, to the west by the F.E. Everett Turnpike, to the east by South River Road and to north by residential development.

Amenities in the immediate area include numerous restaurants, hotels, retail service and the Manchester Country Club. In addition to, Downtown Manchester, the Mall of New Hampshire and the Manchester-Boston Regional Airport are just minutes away.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Town of Bedford, NH
Tax ID/APN: 06017-24-98-19
Property Visibility: Excellent
Largest Nearby Street: FE Everett Turnpike
Feet of Frontage: 1,200
Highway Access: Route 101, I-293 and I-93
Airports: Manchester-Boston Regional Airport
Site Description: Power: Eversource
Lot Frontage: 375 Feet on South River Road / Route 3
Zoning Description: Performance Zone
Topography: Level
Available Utilities: Electric, Water, Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,777 41,031 141,652
Median Age: 41.7 40.53 37.68
Households: 1,273 16,078 54,525


Photograph of Listing Agent

Thomas Farrelly

Cushman & Wakefield of NH Inc
NECPE Member
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