3-7 Jenkins Ct Durham, NH 03824

Property Details for 3-7 Jenkins Ct

Year built

1920

Lot size

0.08 lot acres

Property size

3,285 SF

Property type

Commercial real estate

Description

This exceptional 3,285 square foot property, located at 3-7 Jenkins Court in the heart of Durham, NH, presents a unique investment opportunity. Situated on a 0.08-acre lot, this property boasts a prominent 60' x 50' footprint in the vibrant downtown area, just steps from the University of New Hampshire campus. Currently configured as a one-story retail building with three separate storefronts, the property is zoned Central Business (CB), allowing for a wide range of possibilities. The highest and best use may be a multi-story mixed-use development, incorporating retail and office space at street level, with residential units above. Preliminary elevations for such a project exist, though no active permits are currently in place. Alternatively, the existing structure could be removed to create a much-needed automated parking facility in this high-demand area, generating passive income. The CB zoning also permits a variety of other uses, including hotel, restaurant/bar, gallery, and theater. This property offers significant potential for both immediate income generation and long-term appreciation, making it an ideal investment for savvy developers and entrepreneurs. All information provided should be independently verified by the prospective buyer. No warranties or representations are made regarding the site's potential. The asking price is $799,000.