3-7 Jenkins CourtDurham, NH 03824MLS Number 4985373

  • Price: $1,000,000
  • 99 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
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Active with Contract
3-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 038243-7 Jenkins Court Durham NH 03824
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  • 0.08Acreage
  • 1920Year Built
  • 3,285Square Feet

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Listed by Jamieson Duston of Duston Leddy Real Estate (Cell: 603-365-5848)
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 current owner has preliminary elevations but no active permits. We estimate four, 750SF 2-bedroom units per level 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 owner 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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Tax Information

  • Tax Year2023

Building

  • Year Built1920
  • NumberOfUnitsInCommunity3
  • Square Feet3,285

Property

  • Acreage0.08
  • Property TypeCommercial Sale
  • Lot Sqft3,485
  • Road Frontage60

Basic Information

  • StatusActive With Contract
  • Modification Date03/04/2024
  • TypeDevelopment, Investment, Land, Multi-Family, Retail
  • List Price$1,000,000
  • Broker NameDuston Leddy Real Estate
  • Listing Agent NameJamieson Duston
  • Lister Office NameDuston Leddy Real Estate
  • MLS Number4985373
  • MLS StatusActive Under Contract

Location

  • Building Number3-7
  • StreetJenkins Court
  • TownDurham
  • StateNH
  • Zip03824
  • CountyStrafford
  • Map109

Exterior

  • ExteriorBlock
  • RoofFlat

Amenities

  • PricePerSqFt304.41

Other

  • Date Listed02/19/2024
  • View Count8
The Hamptons Real Estate Main Office
The Hamptons Real Estate Main Office
25 Lafayette Rd
Hampton Falls , NH 03844
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 May 28, 2024 10:25 AM EDT

 

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