Well Located Redevelopment Site

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30823605
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 13,000 SF
Gross Land Area: 1.57 SF
Sale Price: $3,950,000
Unit Price: $303.85 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Usable Size (USF): 13,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/5/2022

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

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
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 13,000 SF
Property Condition: Excellent
Year Built: 1943
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: 50+/- Parking Spaces
Heat Type: Oil
Lot Frontage: 1
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Easement to Harbor Avenue

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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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