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Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
$2,835,000
Est. payment /mo
5.91 Acres Lot
UPDATED:
11/25/2024 10:03 PM
Key Details
Property Type Vacant Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4979198
Annual Tax Amount $42,430
Tax Year 2022
Lot Size 5.910 Acres
Acres 5.91
Property Description
This approved development opportunity is to construct 90 new residential units of free-standing, 6-story building with covered parking. The approval from the city of Nashua has been received for the proposed site plan. The site is mostly level with a slight slope. Building B provides for 34 garaged parking spaces underneath the 5 stories of residences. The site package would include: comprehensive set of MEP (Mechanical, Electrical, Plumbing) architectural drawings, all demolition work, environmental work, stormwater, parking lots, which include paving, striping, curbs, walkways, stop signs completed. Final landscaping is not included. The well designed site plan is visually pleasing and will provide a comfortable living environment for the residents. With a view of the Nashua River and direct access to the Nashua Riverwalk trail and pedestrian bridge, this location provides for commuting convenience with easy access for residents to enjoy the outdoors. The proposed building is located in the downtown area of the second-largest city (91,000 people) in New Hampshire, featuring living with no sales or personal income tax and just over the Massachusetts border, within a 50 minute drive from Boston. This community has high demand for housing, growing demographics and current vacancy rates under 0.6%. Nashua is home to many of the largest employers in the state such as BAE Systems North America, Southern New Hampshire Medical Center, St. Joseph Hospital and Hewlett Packard.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning TOD
Body of Water River
Exterior
Utilities Available Gas - On-Site
Amenities Available Other
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Building
Sewer Public Sewer On-Site
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