Fairway Nominee Trust

Vacant Land for Sale
Catylist Listing ID: 28289501
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 10.44 Acres
Sale Price: $3,500,000 - 4,500,000
Unit Price: $335,249 - 431,034 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/1/2018

Overview / Comments

A development parcel with all the ammenities North Conway has to offer. Zoned commercial but with multi-family potential, this parcel is large enough to support multi-use development. It is level, has at least 2 points of access to North South Road, is served by municipal water and sewer, is adjacent to Settlers Green, Lowes, Hannaford and Wal-Mart. Topography and soils will contribute to low site costs.

North South Rd. is the 10 year old road running parallel to Route 16 and serving North Conway's newest major brand stores. This is one of a very few development parcels remaining unbuilt left in North Conway's retail mecca. Subdivision is certainly an alternative for a buyer.

Additional Details

Nearest MSA: Laconia
County: Carroll
Submarket/Township: Conway/North Conway
Submarket Type: Central Business District
Taxing Authority: Town of Conway
Tax ID/APN: 02047-246-51
Zoning: HC
Market Type: Medium
Property Located Between: Settlers Green and Mt. Valley Blvd.
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Map 246 Lot 56 Town of Conway tax maps
Largest Nearby Street: North South Rd.
Transportation: Bus, Highway, Airport, Taxi
Highway Access: US Route 302 and NH Route 16 within 0.5 mi.
Airports: Fryeburg, ME
Site Description: Flat site with mountain views to east, west and north. Site is the last site travelling north on North South Rd. before it becomes a scenic highway with no development. 2.5 mi. to North Conway Village.
Area Description: Parcel is an integral part of the North Conway retail, factory out shopping destination.
Lot Frontage: 684'
Lot Depth: 500'
Zoning Description: Highway Commercial
Topography: Level
Easements Description: None
Soil Type: Gravel
Available Utilities: Electric, Water, Cable, Broadband

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,307 8,039
Median Age: 44.79 44.65
Households: 1,992 3,619


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