Redevelopment Site for 55+
For Sale
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496 Daniel Webster Hwy, Merrimack, NH 03054
5.6 acre site suitable for 55+ housing redevelopment.
Property SizeContact for details
Lot Size5.60 Acres
Days on Market820
Property Features for 496 Daniel Webster Hwy
General Information
Standard status
Active
Lot size
5.60 Acres
Property subtype
Land, Multifamily, Senior Living
Zoning
General Commercial & Elderly Housing Overlay
Listing Agency:
Colliers - Manchester, New Hampshire
Listed By:
Daniel Scanlon · License #NH 053132
(603) 623-0100
Source:
Crexi
Added: Jul 29, 2024
Changed: Oct 25
Last Checked: Oct 24 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Manchester, New Hampshire
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Investment Insights
Based on property information with market context.
This 5.6± acre level site, family-owned for an extended period, is located on Daniel Webster Highway and is suitable for redevelopment into a 55+ housing community. The property is zoned General Commercial with an overlay for Elderly Housing. Conceptual plans suggest the lot can accommodate up to 26 single-level units, each with a 1-car garage. The site benefits from municipal water and sewer services, as well as natural gas. Note that the property is subject to a Groundwater Management Permit with the Department of Environmental Services (DES). The location provides direct access to Route 3/Daniel Webster Highway, facilitating convenient access to the town center and the Everett Turnpike.
Key Highlights
- 5.6± acre level site suitable for redevelopment of a 55+ housing community
- General Commercial zone with an overlay for Elderly Housing
- Serviced by municipal water and sewer, as well as natural gas
Property Analytics
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Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
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Business Placement
Demographics for 03054, NH
26,622
Population
10,581
Households
2.5
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
32.6 sq mi
ZIP Area
817
Density / Sq Mi
$128,897
Median Household Income
$65,604
Median Earnings
$1,819
Median Rent
$406,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.6 acre site suitable for 55+ housing redevelopment.
Where is this commercial land located?
The property is located at 496 Daniel Webster Hwy Merrimack, NH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5.6± acre level site suitable for redevelopment of a 55+ housing community; General Commercial zone with an overlay for Elderly Housing; Serviced by municipal water and sewer, as well as natural gas
