This 2.82+/- Acre site is being offered by the City of Concord. Mixed use is strongly preferred; however the City is open to entertaining multifamily residential and other forms of commercial development. The City also strongly desires to retain that portion of the site for a new public park along the Contoocook River.The property is in the heart of Penacook Village within walking distance banks, medical I dental offices, restaurants and niche retail shops. The property is also located with a Tax Increment Finance ("TIF") District. Subject to negotiations with the Developer, the City is open to using the TIF district to assist with the construction of off-site improvements to support redevelopment of the premises provided tax revenues from
the Developer's project are sufficient to support TIF incurred debt service and operating costs associated therewith.The property may also eligible for the RSA 79-E Community Tax Relief lncentive Program.
Full Property Details
Full Property Detailsfor 27-35 Canal Street
MLS ID: 4442213
Added: 1, 023 day(s) ago
Total Lots Available: 3
Sewer: Public Sewer at Street
Water: Public Water - At Street
Lot Size (Acres): 2.82
Lot Size (Sq. Ft.): 122,839
Street/Road Desc.: Public
Potential Use: Commercial, Development Potential, Mixed Use, Other, Recreation, Residential
Lot Description: City Lot, Level, River Frontage, Water View, Waterfront
27-35 Canal Street, Concord, NH 03303 (MLS# 4442213) is a
Lots/Land property with a lot size of 2.82 acres.
27-35 Canal Street is currently listed for $540,000 and was received on August 04, 2015.
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