List Price: $3,000,000 | 4.94 Acres | Price Per Acre $0 Land


Price Change! Reduced by $3,000,000 down 100% on October 30th 2024
Eagle estates subdivision,   
Under Contract Date Listed Monday Oct 7, 2024 | MLS# 5017597



Address: 380 384 Main Street Salem NH
Listed by Meredith Gavin BHHS Verani Bradford Cell: 603-819-8104
Description:
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.
Land Description: Subdivision

Land Description
Lot Size: 4.94 acres
Zoned: B2)
Surveyed: Yes
Flood Zone: No
Land Services
Roads: Privately Maintained
Road Frontage: 200
Electric: On-Site
Water: Public Water - At Street
Sewer: 1500+ Gallon
Additional Information
Block - 7303
Taxes $26,016
Assesed Value Not Reported
Schools
School District: Salem School District

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