Well Located Redevelopment Opportunity

Vacant Land for Sale
Catylist Listing ID: 30647930
Property Subtypes: Office, Retail
Gross Land Area: 1.26 Acres
Sale Price: $525,000
Unit Price: $416,666 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Great location for a retail development opportunity. Site is approximately 1.26+/- acres. Site is serviced by municipal water and sewer with 210+/- feet of frontage on busy Broad Street, next to the Broad Street Parkway.  Zoned GI (General Industrial) with pending renewal for a variance for retail/commercial use. Former Asbestos site – Capped with stone on southerly side of site along Nashua River.

The property is a Registered Asbestos Disposal Site, please see attached files for more information including HCRD Book 9355 Page 1153.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 00071-000002
Zoning: GI
Property Visibility: Excellent
Largest Nearby Street: Broad Street
Feet of Frontage: 210
Highway Access: Everett Turnpike
Site Description: Flat usable area on the lot, located near lighted intersection next to the new Broad Street Extension. Access is right-in/right/out only because of island in Broad Street.
Lot Frontage: 210
Zoning Description: GI (General Industrial) but City has Variance for General Business development
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,973 81,396 129,532
Median Age: 37.01 39.1 39.5
Households: 5,664 32,433 50,740

Contact

Photograph of Listing Agent

Judy Niles-Simmons

NAI Norwood Group NECPE Member
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