Site of the former China Dragon!

Vacant Land for Sale
Catylist Listing ID: 30426091
Property Subtypes: Hospitality, Retail, Other
Gross Land Area: 8 Acres
Sale Price: $995,000
Unit Price: $124,375 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2019

Overview / Comments

The former site of the famous CHINA DRAGON RESTAURANT! This 8 +/- acre lot on busy U.S Route 3/Hooksett Road is just minutes from two N/S bound exits to I-93 between NH's largest city, Manchester and the state's Capital, Concord. The high traffic count of 17,000+ vehicles per day pass by the lot's 1,378 feet of road frontage. Municipal water and sewer on site. Extreme high visibility located in the Performance Zone offers great opportunity for a wide range of businesses. This specific site has been identified as an Economic Revitalization Zone (ERZ) Tax Credit Designation.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $29,950 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 14-18
Zoning: PZ
Property Located Between: Abuts Riley's Gun Shop and runs north up to next building lot.
Property Visibility: Excellent
Legal Description: Refer to deed at Book 3480, Page 49, dated 06/04/2015 and recorded in the Merrimack County Registry of Deeds
Largest Nearby Street: Route 3A
Feet of Frontage: 1,378
Highway Access: U.S Route 3/Hooksett Road is just minutes from two N/S bound exits to I-93 between NH's largest city,
Airports: Manchester Boston Regional Airport
Site Description: The former site of the famous CHINA DRAGON RESTAURANT! This 8 +/- acre lot on busy U.S Route 3/Hooksett Road is just minutes from two N/S bound exits to I-93 between NH's largest city, Manchester and the state's Capital, Concord. The high traffic count of 17,000+ vehicles per day pass by the lot's 1,378 feet of road frontage. Municipal water and sewer on site. Extreme high visibility located in the Performance Zone offers great opportunity for a wide range of businesses. This specific site has been identified as an Economic Revitalization Zone (ERZ) Tax Credit Designation.
Lot Frontage: 1387
Zoning Description: Refer to Article 10-A of the Town of Hooksett Zoning Ordinances.
Topography: Other
Easements: Ingress/Egress
Easements Description: Subject to a right and easement in favor of Goatland, Inc. to cross said land for purposes of water transportation and water pipe location to the premises now or formerly of Charlotte E. Stokes and F.C. Stevens, as reserved and more particularly described in deed of Goatland, Inc., dated July 8, 2931, and record in Volume 519, Page 159 of the Merrimack County Registry of Deeds
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: 1,636 12,551 52,544
Median Age: 33.91 40.67 40.08
Households: 513 4,692 21,346

Contact

Photograph of Listing Agent

Thomas Roche

KW Commercial, NH
NECPE Member
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