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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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3-7 Jenkins Rd , Durham, NH 03820
$595,000
Est. Payment: $1,322.22/mo
0 Bed
0 Bath
3285 Sqft
Status: Active | Days on site: 1
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6096 - 381635
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House Description

RARE DOWNTOWN DURHAM REDEVELOPMENT OPPORTUNITY — OFFERS DUE SEPTEMBER 30, 2026. Positioned in the heart of downtown Durham and just steps from the University of New Hampshire campus, 3–7 Jenkins Court presents an exceptional opportunity for an investor or developer with vision. The seller has priced the property aggressively to encourage a timely sale and will consider offers submitted on or before September 30th. The existing property consists of a single-story commercial building with approximately a 60' x 50' footprint and three separate street-level storefronts. While the property may be maintained in its current configuration, its location and favorable Central Business zoning create a compelling redevelopment opportunity. Recent zoning changes allow development of up to four stories by right, with the potential for a fifth story by special exception, subject to municipal review/approval. The obvious opportunity is to reposition the site as a multi-story mixed-use project, combining active retail, restaurant or office space at street level with student housing residential units above-capitalizing on one of the most desirable and supply-constrained locations in the Durham/UNH market. Other permitted or potentially permitted uses within the Central Business District include hotel, restaurant/bar, gallery and theater uses. The seller has preliminary elevations, and conceptual renderings are provided solely to illustrate the site's potential; however, the property is being conveyed as-is, without approved plans, permits or development entitlements. Buyers are responsible for conducting their own zoning, permitting, dimensional and feasibility due diligence directly with the Town of Durham. Neither the seller nor the broker makes any representation or warranty regarding the ultimate development capacity of the property. This is a location-driven investment opportunity where the value is far greater in what the site can become than what stands there today.

Highlights

Listed by Jamieson Duston , 603-365-5848 Duston Leddy Real Estate , 603-610-8285.

Property Type

Commercial Sale

Lot/Acreage
0.08

Year Built

1920

County

Strafford

Listing ID

5109727

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:No

Exterior Features

Lot:City Lot
Zoning:Central Business
Roof:Flat
Sewer:Public Sewer On-Site
Parking Features:On Street
Principal Interest
$1,322
Taxes
$1,044

Home Price

$595,000

Loan Details

30 yrs
%

Down Payment

20%
$119,000
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Monthly Price:
$1,322.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,322.22 $1,044.42 $0.00 $2,366.64
Yearly $15,866.67 $12,533.00 $0.00 $28,399.67
Total $476,000.00 $375,990.00 $0.00 $851,990.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.