MLS Number 4938434
- Acreage 43
- Zoning mixed
43 acres on rt. 4 and lovejoy rd. Zoned for retail, or residenal at 12 uniits/ac. Or $3800 per. (doubeling of density on town warrant) water and sewer at street, gravity fed, no capacity issues. Largest assemblege of commercial land in upper valley. Virtually no undevloped industrial./office zoned land in market. Utilities at site. Excellent site conditions. Views. Strong demand for quality office and industrial due to darthmouth college and medical center spin offs and support businesses. Lack of appropriate zoning and general rugged terrain limits development sites making this one of a kind in a market with consistent demand. Land valued at 1/4th of nearby lebanon prices. Adjacent 225 acres in town of canaan. Optional add on. No zoning no site plan needed. Priced at just $5000 per acre. Creates an opportunity for large scale project at a fraction of the cost. To extend limited water and sewer, grandual down grade to rt. 4. Offers wide scenic views. Gently rolling land (rare in this part of nh) mostly well drained soils of sand and gravel. Class 6 road frontage. Just 300 ft. To town class 5 rd. (may st.) substaintial gravel reserves.
Listed by James Ward of Equity Group Real Estate Broker Inc.