Listed by Donald Gingras with Donald Gingras Realty Co 603-493-8032

Active

35 East Hollis Street

Nashua NH, 03060

$4,000,000


$308.93 per sqft

Active

1 Bath

12,948 sqft

Commercial

Built in 1943

Tear down existing building in a Very Rare Zoning !! Opportunity Zone makes the availability for Special Bank financing, Deferred Taxable Income Qof Zone, Preferred Programs Gov and City. Hud offers large tax credits you can sell if your plans qualify. Nashua special law parking allowance, Possible city tax breaks in D1 zone. City Managed funds available up to 10 million for construction if you qualify Short term leases can be transferred with the property. Easy flat paved site to build on that will save you cost.. Public traded Reits and Insurance companies are looking for completed projects to add to their portfolio that are new !! These zones were named for OPPORTUNITY ZONES for a reason they are desired locations by the city to have the flexibility to make it most beneficial for the developer and help with the need of local housing. Phase 1 ESA report completed. According to the report Phase 2 not needed. Property abuts Southern NH Medical Center Great for Elderly Apts.

4980128

MLS ID

December 13, 2023

Listed

May 14, 2024

Updated

Map

35 East Hollis Street
Nashua NH, 03060

Interior Features

Total Bathrooms

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.57 Acres


Lot Features

Level


Sewer

Public Sewer at Street, Public Sewer On-Site

Other Property Details

Area Name

NH-Hillsborough


Taxes

$21,398


Tax Frequency

Annually


Days on Market

72


Garage

No


Parking

Parking Spaces 21, Paved


View

No


Water Source

Public Water - At Street, Public Water - On-Site


Pool

No


Buyer Agency Compensation

2%

Listed by Donald Gingras with Donald Gingras Realty Co 603-493-8032

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