Catylist ID:
#30823605
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: | 6/7/2023 |
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 |
Attachments & Media
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 |
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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