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

Under contract

380 Main Street

Salem NH, 03079

$3,000,000


Under contract

3 Baths

Commercial

Attention Developers! Adjusted Price. Property bein sold "As Is" 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 for: Approvals in disclosures. 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. Covered parking for 16 cars, up to 242 parking spaces. A gathering space complete with a kitchen, walk-out patio equipped with fire pits. A 15-seat theater/tv room w/ stadium seating for movie nights 3 dedicated offices and a conference room for those needing professional spaces.

5017617

MLS ID

October 7, 2024

Listed

November 26, 2024

Updated

Map

380 Main Street
Salem NH, 03079

Interior Features

Total Bathrooms

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

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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