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Development Opportunity— Concept Plans for 16 Townhomes Available

$1,336,000

15-19 Atherton Ave, Nashua, NH 03064

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Last Updated: 10/28/2026

1,099 sqft

Building Size

1.14 acres

Lot Area

Details:
Building Size:    1,099 sqft
Lot Area:    1.14 acres
Units:    1
Year Built:    1920
Floors:    1
Highlights:
  • ZBA Variances Approved (March 10, 2026)
  • Natural gas and city utilities available
  • Flexible phasing potential for staged development
  • Construction plans may be available, subject to mutually agreed-upon terms.
Description:

16 ZBA-approved townhomes in Nashua at $83,500 per unit. 1.14 acres across from Atherton Park and near Longfellow Swim and Tennis Club. Nashua ZBA granted variances on 3/10/26 for 16 townhomes in 3 buildings. List price is for the two lots and the ZBA package only. Price does not include construction. Buyer brings its own site and building plans for the Planning Board. Seller will separately consider providing site and building plans for a higher price or an equivalent premium under written agreement. Flat lots. No new road, blasting, or excess fill is required. Gas and city utilities at the street. Current concept allows up to 3-bedroom and 2.5-bathroom units, each with a garage, ample parking, 6 end units, and a maximum footprint of 30x20 unless the ZBA is revisited. Build-for-sale or build-to-rent. Build in phases or all at once. New townhomes in the area have been in the $400,000-$500,000 range. Seller is the optionee under contract to buy the property and is offering that purchase right plus the ZBA work product. Sale is contingent on Seller completing its underlying purchase. Cash, owner financing, joint venture, and option assignment will be considered. Buyer to verify all approvals, utilities, soils, costs, rents, and comps.

The area boasts a thriving arts and cultural scene, with the Nashua Historical Society, Greeley Park, and nearby Mine Falls Park offering beautiful outdoor spaces for residents to enjoy. For those seeking entertainment, the city's downtown area is home to a variety of dining, shopping, and entertainment options. Nashua is also known for its excellent schools and strong sense of community, making it an ideal location for families and investors alike. Don't miss the opportunity to invest in the thriving community of Nashua.

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