List Price: $4,000,000 | $309 per sq.ft. Commercial
Space type
Date Listed Wednesday Dec 13, 2023 | MLS# 4980128
Space type
Date Listed Wednesday Dec 13, 2023 | MLS# 4980128
To see this Listing
Address: 35 East Hollis Street Nashua NH
Listed by Donald Gingras Donald Gingras Realty Co
Description:
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.
Building Type : Development | Investment | Multi-Family | Opportunity
Sale Includes : Building Only
Listed by Donald Gingras Donald Gingras Realty Co
Description:
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.
Building Type : Development | Investment | Multi-Family | Opportunity
Sale Includes : Building Only
Features
Signage: Adequate
Rail Service: Unk
Signage: Adequate
Rail Service: Unk
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1943
Brick Exterior
Price Per SQ.FT. 308.93 No. of Units: 1
Building Size : 12948
Building Type: Development | Investment | Multi-Family | Opportunity
Year Built: 1943
Brick Exterior
Price Per SQ.FT. 308.93 No. of Units: 1
Building Size : 12948
Building Type: Development | Investment | Multi-Family | Opportunity
Exterior
Interior
Land Information
Lot size: 1.57 acres
Zoned: D1 MU
Road Frontage: 26858
Garage And Parking: Parking Spaces 21+ | Paved
Road Frontage: 26858
No. of Docks | 0.
UtilitiesUtilities: Cable - At Site | Gas - At Street | Gas - Underground | Telephone At Site
AC % | 0.
Additional Information
Taxes $21,398
Assesed Value Not Reported
Taxes $21,398
Assesed Value Not Reported
Schools
