Catylist ID:
#30484706
| Catylist Listing ID: | 30484706 |
| Property Subtypes: | Hospitality, Industrial, Office, Retail, Other |
| Status: | Pending |
| Gross Land Area: | 27.25 Acres |
| Sale Price: | $2,975,000 |
| Unit Price: | $109,174 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/15/2024 |
Overview / Comments
|
308 South River Road is a prime 27.25 acres land site situated along Route 3. 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 is also situated in an Economic Revitalization Zone (ERZ) with tax credits available. 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. |
Additional Details
| Nearest MSA: | Manchester-Nashua |
| County: | Hillsborough |
| Taxing Authority: | Town of Bedford, NH |
| Tax ID/APN: | 24-98-19 |
| Zoning: | PERFORMANCE |
| Property Visibility: | Excellent |
| Largest Nearby Street: | FE Everett Turnpike |
| Feet of Frontage: | 120 |
| 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 |
| Easements: | Ingress/Egress |
| Easements Description: | Easement to Commerce Park lighted intersection |
| Available Utilities: | Electric, Water, Gas |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
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 |
Contact
Thomas FarrellyCushman & Wakefield of NH IncNECPE Member |
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