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Redevelopment Site for 55+ Housing
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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 Market773

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
Source: Crexi
Added: Jul 29, 2024 Changed: Aug 14 Last Checked: Sep 8 at 4:19AM

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

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

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Restaurant HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

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
Rey
Questions? Ask Rey
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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
(603) 623-0100 Call to check price and availability
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