Listed by with Duston Leddy Real Estate Cell: 603-365-5848
Pending
3-7 JENKINS Court
Durham NH, 03824
$1,000,000
$286.96 per sqft
Pending
0.08 Acres
Land
Built in 2023
REDEVELOPMENT OPPORTUNITY IN THE HEART OF DOWNTOWN DURHAM / UNH CAMPUS! This property sits at the very center of downtown Durham and offers a 60' wide x 50' deep footprint that is ready for redevelopment. The current configuration is a one-story retail building with three separate store fronts. However, with favorable Central Business zoning, this property's highest and best use would be a 4-story mixed use building with office or retail at street level, and housing above. The maximum number of permitted stories in the district is 4, although a 5th story is permitted by conditional use (according to the Zoning Ordinance attached). The seller has preliminary elevations but no active permits. We estimate four potential 2-bedroom units per level (750SF) for a total of 12 units, plus the office retail space at street level. Another option would be to remove the existing structure to make way for a much-needed parking lot in the heart of downtown that could be fully automated earning cash while you sleep. Additional uses in the CB district include hotel, restaurant/bar, gallery, and theater. The seller of this property owns an adjacent property and would consider selling additional square footage that could add to the redevelopment potential of this site. All information provided should be verified by the buyer. Seller and Agent make no warranties or representations about the potential of the site - all approvals must be sought by the buyer and at their expense.
4985371
MLSⓇ ID
February 19, 2024
Listed
March 14, 2024
Updated
Map
3-7 JENKINS Court
Durham NH, 03824
Exterior/Building Features
Lot Size
0.08 Acres
Sewer
Public Sewer On-Site
Other Property Details
Area Name
NH-Strafford
Taxes
$10,184
Tax Frequency
Annually
Days on Market
14
Garage
No
View
No
Pool
No
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
---|---|---|
3/4/2024 | Pending | — |
Listed by with Duston Leddy Real Estate Cell: 603-365-5848
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