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Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
$ 1,450,000
Est. payment | /mo
2,297 SqFt
$ 1,450,000
Est. payment | /mo
2,297 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,297 sqft
Price per Sqft $631
MLS Listing ID 5074345
Construction Status Pre-Construction
Lot Size 1.140 Acres
Acres 1.14
Property Description
The optionee presents a rare 16-unit townhome development opportunity located across from the park on Atherton Ave in Nashua, New Hampshire. The Nashua Zoning Board of Adjustment granted variances on March 10, 2026 supporting a 16-unit residential townhome development, establishing a clear path forward for the project. These are two flat lots with excellent soils––great for keeping sitework costs down (e.g., no road, blasting, excess fill, or otherwise required). Natural gas and all city utilities are sized appropriately and ready for easy connection at the street. Buyer to pursue all remaining Planning Board approvals, site plan review, and permits. The buyer shall provide their own building plans to the PBA (e.g., the builder is not tied into a product or construction style they don't like). The buyer may elect to phase the development as preferred for greater flexibility. The optionee is taking all offers and will consider owner financing, a joint venture, and/or selling its option prior to obtaining approvals at discount. Deals like this don't come around often in Nashua. Don't miss out on your chance to secure a winning project for 2026.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RA
Interior
Cooling Central AC
Inclusions Land/Building
Exterior
Garage Spaces 21.0
Utilities Available Cable
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Pre-Construction
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