Listed by Meredith Gavin with BHHS Verani Bradford Cell: 603-819-8104

Under contract

380 384 Main Street

Salem NH, 03079

$3,000,000


$13.94 per sqft

Under contract

4.94 Acres

Land

Built in 2023

Attention Developers! Adjusted Price. Property now being sold as is! Proposed Preconstruction/Renovation Project, 55 Units, 55+, 3 Existing Buildings. Beautifully landscaped 5-acre property, designed specifically for individuals 55 and over. This development includes three distinct buildings: Proposed project: Building 3 is Approved. Building 1, 2 no approvals and all building are being sold "As Is". Building (1) 32 condominiums needs, approval Building (2) 8 condominiums with full clubhouse, needs approval Building (3) 15 condominiums, approved. Total Units: 55 carefully thought out condos and a mix of 1 and 2 bedroom units with a few studios. Building 1 is gutted and ready for construction. Building 2 has not been touched and Building 3 is rough framed inside. Located on a tranquil corner. There is an approval for 24 units in Building 3. Located just 3 miles from the Tuscan Village in Salem, NH. This preconstruction development design had thoughtfully planned amenities that foster community. A gate at the entrance to create a gated community Balcony's on all buildings A bluebird sanctuary - 15 boxes Scenic walking paths around the perimeter of the property A dog park, complete with RFID entry Covered parking for 16 cars, up to 242 parking spaces.

5017597

MLS ID

October 7, 2024

Listed

November 12, 2024

Updated

Map

380 384 Main Street
Salem NH, 03079

Exterior/Building Features

Lot Size

4.94 Acres


Sewer

1500 Gallon

Other Property Details

Area Name

NH-Rockingham


Taxes

$26,016


Tax Frequency

Annually


Days on Market

36


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

11/12/2024

Under contract

10/30/2024

Price change

$3,000,000

-33%

10/12/2024

Price change

$4,477,000

-26%

Listed by Meredith Gavin with BHHS Verani Bradford Cell: 603-819-8104

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