3-7 Jenkins Court
$799,000
3,484 / 0.08
Description
Redevelopment opportunity in the heart of downtown durham / unh campus! This property sits at the very center of downtown Durham and offers a 60' wide x 50' deep footprint that is ready for redevelopment. The current configuration is a one-story retail building with three separate store fronts. However, with favorable Central Business zoning, this property's highest and best use would be a 4-story mixed use building with office or retail at street level, and housing above. The maximum number of permitted...Redevelopment opportunity in the heart of downtown durham / unh campus! This property sits at the very center of downtown Durham and offers a 60' wide x 50' deep footprint that is ready for redevelopment. The current configuration is a one-story retail building with three separate store fronts. However, with favorable Central Business zoning, this property's highest and best use would be a 4-story mixed use building with office or retail at street level, and housing above. The maximum number of permitted stories in the district is 4, although a 5th story is permitted by conditional use (according to the Zoning Ordinance attached). The seller has preliminary elevations but no active permits. We estimate four potential 2-bedroom units per level (750SF) for a total of 12 units, plus the office retail space at street level. Another option would be to remove the existing structure to make way for a much-needed parking lot in the heart of downtown that could be fully automated earning cash while you sleep. Additional uses in the CB district include hotel, restaurant/bar, gallery, and theater. The seller of this property owns an adjacent property and would consider selling additional square footage that could add to the redevelopment potential of this site. All information provided should be verified by the buyer. Seller and Agent make no warranties or representations about the potential of the site - all approvals must be sought by the buyer and at their expense.
- Listed by Jamieson Duston • Duston Leddy Real Estate • Cell: 603-365-5848
Property Details for 3-7 Jenkins Court
Zoning
Central Business CB
LISTING UPDATED: 12/10/2024 01:17 PM
Property Details for 3-7 Jenkins Court
Status | Active |
---|---|
MLS # | 4985371 |
Days on Market | 302 |
Taxes | $10,184 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 0.08 AC |
County | Strafford County |
Building Information for 3-7 Jenkins Court
Lot Size0.08 AC
Property Information for 3-7 Jenkins Court
Property History for 3-7 Jenkins Court
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3-7 Jenkins Court
This home is within Oyster River Coop School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 13 |
Rating | School | Distance |
---|---|---|
Mast Way School PublicK to 4 | ||
Oyster River Middle School Public5 to 8 | ||
Oyster River High School Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.