Prime Redevelopment Site

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30823605
Gross Land Area: 1.57 SF
Sale Price: See Agent
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

Attention investors and developers. This is an exciting and rare opportunity to purchase prime property in Nashua's downtown district, ripe with re-development potential. This property offers great flexibility to maximize parking and a chance to add a landmark structure to Nashua's evolving skyline. This property lay in an opportunity zone, with several public and private initiatives available to help support specific types of redevelopment projects. Additionally the existing building could be a source of cash flow while progressing through planning.

Environmental reports are available upon request.

Available for Short Term Lease
Contact Broker for Lease Pricing

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 00030-000066
Zoning: D1MU
Property Located Between: Main Street
Property Visibility: Excellent
Largest Nearby Street: Main Street
Traffic/Vehicle Count: 20,000
Highway Access: Rt 3
Airports: Manchester-Boston Regional Airport
Site Description: Attention investors and developers. Possibility of 150-200 units. This is an exciting and rare opportunity to purchase prime property in Nashua's downtown district, ripe with re-development potential. This property offers great flexibility to maximize parking and a chance to add a landmark structure to Nashua's evolving skyline. This property lay in an opportunity zone, with several public and private initiatives available to help support specific types of redevelopment projects. There is a great need for housing in Nashua. There is a lot of upside with the Performing Arts Theatre and possible future Transit Rail. Additionally the existing building could be a source of cash flow while progressing through planning.
Lot Frontage: 1
Easements Description: Easement to Harbor Avenue
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,104 87,972 127,074
Median Age: 35.02 39.15 39.28
Households: 8,849 34,705 49,679

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