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Bentley By The Sea

86 Lafayette Rd
Route 1
North Hampton, NH 03862
(603) 964-7277
3-7 JENKINS
Durham, NH
MLS Number: 4985373
Price: $1,000,000.00
0.08
Acres (approx)
Listed Agent: Jamieson Duston Cell: 603-365-5848
Listing Office: Duston Leddy Real Estate 603-610-8285
Listing Date: Feb 19, 2024 - Active

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 current owner has preliminary elevations but no active permits. We estimate four, 750SF 2-bedroom units per level 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 owner 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.

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Basic Information
City/Town
Durham
County
NH-Strafford
Taxes/Year
$10,184.00 / 2023
Year Built
1920
Sq. Footage
0 SF
Zoning
Central Business CB
Lot Size
0.08 Acres (approx)
Property Features
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Date last updated 06/23/2024.


Photos Updated on 02/19/2024 1:26 pm
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