Great Development Site on Littleton, NH's Retail Corridor

Vacant Land for Sale
Catylist Listing ID: 30753193
Property Subtypes: Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 131 Acres
Sale Price: $2,000,000
Unit Price: $15,267 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2022

Overview / Comments

One of the few remaining developable parcels left on Littleton's retail corridor known as "The Meadow". This unique piece offers both the commercial and residential developer the opportunity to create a commercial development on the front 12.9 acres that will be supported by residential units on the remaining 117.1 acres to the rear. The parcel is located across from Lowes with a traffic light already in place. Town services are available at the street. The parcel is offered in whole at $2m but can be separated with the commercial acreage at $1.7M and the rear portion (R-1) offered at $500,000 (subject to subdivision approval). Join Lowes, Home Depot, Tractor Supply, Cumberland Farms, 99 Restaurant, Walmart and others on successful retail corridor on this well traveled NH route.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $17,618 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 90-3-0
Zoning: C-1 AND R
Property Located Between: On busy Route 302.
Property Visibility: Excellent
Largest Nearby Street: Meadow Street
Feet of Frontage: 1,420
Highway Access: This property is sited on NH's Route 302 and within minutes to US Route 93 and within 30 minutes of US Route 91.
Airports: Manchester Airport is within 2 hours with local, regional airports within 30 minutes
Site Description: This site is 131+/- acres with 13.9 +/- AC in the front portion zoned C-1 and the remaining acreage zoned R (Rural). Formerly the site of a mobile home park it has electricity and water on site. The commercial acreage is flat and easily developed while the residentially zoned portion is sloping.
Area Description: Littleton's "The Meadow" is the popular retail corridor of Northern NH. Major regional and national brands are located along Meadow Street. This parcel is located directly across the street from Lowe's. The general area is a healthy mix of tourists and full time residents. All major services and activites are located in Littleton which is positioned with three exits off of US Route 93. The general area provides all four season recreational activities to tourists and local residents alike.
Lot Frontage: 1420.43
Zoning Description: See Zoning By Laws attachment, Commercial Land and R
Water Service: Municipal
Sewer Type: Municipal, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,025 7,523
Median Age: 45.21 43.5
Households: 1,455 3,332

Contact

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