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Courtesy of Jamieson Duston of Duston Leddy Real Estate: Cell: 603-365-5848.

3-7 Jenkins Court

Durham, NH 03824
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 155 Days
  • MLS #: 4985371
Under Contract
UPDATED: 174 min ago
$1,000,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

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.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-07-24T14:06:59.85.
www.welcomeaboderealty.com/homes/147725381
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3-7 Jenkins Court Durham, NH 03824

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 155 Days
  • Updated: 174 min ago
  • MLS #: 4985371
0
Beds
0
Baths
0
½ Baths
0.08
Acres
County:
Strafford
Area:
Durham
Property Description
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.
Exterior Features

Area Description Business DistrictCommercial ZoningIn Town Lot Features City Lot Road Frontage Yes Road Frontage Length 60 Roads PavedPublic

Property Features

Assessment Amount 497300 Assessment Year 2023 Block 1-3 Covenants Unknown Electric 200 Amp Flood Zone No Foreclosed / Bank Owned / REO No Lot Number 104 Resort No Sewer Public Sewer On-Site Surveyed Unknown Tax Gross Amount 10184 Tax Rate 20.48 Tax Year 2023 Taxes Tbd No Utilities Underground Utilities Water Source Public Water - On-Site Zoning Central Business CB

Courtesy of Jamieson Duston of Duston Leddy Real Estate: Cell: 603-365-5848.


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-07-24T14:06:59.85.
 
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