High Visibility Commercial Lot For Sale

Vacant Land for Sale
Catylist Listing ID: 30873175
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 2.13 Acres
Sale Price: $1,000,000
Unit Price: $469,483 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/1/2024

Overview / Comments

2.13+/- acres of high-visibility commercial land for sale. Great visibility from Rt 111 across from CVS & Shaws. The site features a well and electrical to the site as well as approved plans for a septic system. Approved plans for a 10,000+/- sf building available. Property sold as land only. The existing structure needs to be removed.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Salem/Windham/Pelham
Submarket Type: Central Business District
Tax ID/APN: 11-C-190
Zoning: BUSINESS COMMERCIAL DISTRICT A
Property Located Between: Rt 111 and Rt 28
Property Visibility: Excellent
Legal Description: Development site
Largest Nearby Street: State Rt 111
Feet of Frontage: 425
Highway Access: 1 mile, Rt 111 west to Rt 93
Airports: MHT, BOS
Site Description: Cleared, sloping development site. Land has been prepped for a 10,000 +/- SF 2-story commercial/retail building.
Area Description: Developing area along state Rt 111. Enterprise Dr is at a lighted intersection and was the former road for Rt 111. Enterprise Dr runs parallel to the current Rt 111 with lots having frontage on the state route.
Lot Frontage: 425
Lot Depth: 256
Zoning Description: The Business Commercial District A is intended primarily for business which provides goods and services to the motoring and transient public.
Topography: Other
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,565 19,610 75,660
Median Age: 45.67 42.16 41.58
Households: 615 7,021 27,816

Contact

Photograph of Listing Agent

Bob James

Keller Williams Gateway Realty - KW Commercial
NECPE Member
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