12-Unit Approved Condo Development | Commercial Zoned | Downtown Hillsborough, NH | Hillsborough County, Southern NH. A rare shovel-ready condo development opportunity on a Central Business District zoned, town-approved infill site. Acquire full declarant rights to deliver 12 condominium units within an existing HOA framework, purpose-built for NH builders, condo developers, and multifamily investors in a supply-constrained New Hampshire market Rare opportunity to acquire the rights to build 12 condominium units (#5-#16) within the established Butler Court Condo Association in Hillsborough. This is an approved multifamily development opportunity in Hillsborough County NH, ideal for builders, developers, and investors seeking an entitled residential development site in Southern New Hampshire. The approved plans allow for three 4-unit buildings (72' x 28' each), totaling twelve 2-bedroom, 1-bath condominium units of approximately 950 square feet per unit. Town-approved plans are on file, providing a significant head start for a developer looking for a shovel-ready condo project with an existing condominium association structure in place. Located in the Central Business District of downtown Hillsborough, this condo development site offers walkability to shops, restaurants, and local services. The location provides strong rental and resale appeal with convenient access to Concord, Keene, and the greater Manchester region. This 12-unit development site offers multiple investment strategies:Build-to-sell condominium projectBuild-to-rent multifamily investmentPhased residential development Condo declarant rights, established unit allocations, and existing association framework create a unique opportunity to control an approved condo project in a supply-constrained New Hampshire market. Buyer to perform due diligence regarding site conditions, utilities, permitting, and construction requirements.
| MLS # | 5078558 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $200 |
| Sub-Type | Resale |
| Status | (30) Under Contract - Pending |
| Days On Site | 229 |
| Listing Provided By | Epique Realty | Katherine Scott |
| Bed(s) | 24 |
|---|---|
| Bath(s) | 12 Total |
| Story(s) | 2 |
| Zoning | Comm-WS |
| Rooms Total | 48 |
|---|---|
| Cooling | None |
| Heating | None |
| Roof | Other |
|---|---|
| Construction Materials | Other |
| Foundation Details | None |
| Lot Features | In Town |
| Accessibility Features | Accessible Common Area, Access to Parking |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
| Utilities | Cable Available, Phone Available |
|---|---|
| Electric | On-Site |
| Sewer | Public Sewer On-Site |
| Tax Block | 127 |
|---|---|
| Tax Lot | 005-016 |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Hillsborough |
| Zip Code | 03244 |
| Area | NH Hillsborough |
| School District | Hillsboro-Deering SAU #34 |
| Elementary School | Hillsboro-Deering Elementary |
| High School | Hillsboro |
| Listing VS Median (in 03244) | |
Price: $359,900 low | high Med: $0 On site: 229 low | high Med: | |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Hillsborough |
| Zip Code | 03244 |
| Area | NH Hillsborough |
| School District | Hillsboro-Deering SAU #34 |
| Elementary School | Hillsboro-Deering Elementary |
| High School | Hillsboro |
| Listing VS Median (in 03244) | |
Price: $359,900 low | high Med: $0 On site: 229 low | high Med: | |