Mixed-Use Land for Sale in Durham, New Hampshire

3-7 Jenkins Ct Durham, NH 03824

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$799,000
0.08 acres
Active sale$201k dropEst $6,645/mo

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.

Directions

From Main Street, turn left on Jenkins Court. The property will be on your left.

Location

Street Address
3-7 Jenkins Ct
Elevation
46 feet
Coordinates
43.1347, -70.9266

Property details

Zoning
Central Business CB
MLS Number
NNEREN 4985371
Date Posted

Property taxes

2023
$10,184

This 0.08-acre property is located at 3-7 Jenkins Ct in Durham, NH 03824 with latitude 43.1347 and longitude -70.9266. The property is currently available for sale for $799,000 with a price per acre of $9,987,500. Listing data is sourced from PrimeMLS # 4985371.

Verify sale details at the property source or contact Duston Leddy Real Estate at (603) 661-8127.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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