Listed By: Donald Gingras, Donald Gingras Realty Co

35 East Hollis St, Nashua, New Hampshire

$4,000,000

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1.57

Acres

About 35 East Hollis St

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.

Features of 35 East Hollis St

MLS® # 4980128
Price $4,000,000
Bathrooms 0.00
Acres 1.57
Year Built 1943
Type Commercial
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 35 East Hollis St
Area Nashua
City Nashua
County Hillsborough
State New Hampshire
Zip Code 03060

Amenities

Utilities Cable - At Site, Gas - At Street, Gas - Underground, Telephone At Site
Parking Spaces 21
Parking Parking Spaces 21+, Paved
Is Waterfront No

Exterior

Lot Description Level

Additional Information

Date Listed December 13th, 2023
Days on Market 166
Zoning D1 MU

Listing Details

AgentDonald Gingras
OfficeDonald Gingras Realty Co

Listing Map

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