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Development Opportunity— Concept Plans for 16 Townhomes Available

$1,450,000

15-19 Atherton Ave, Nashua, NH 03064

Active
Last Updated: 03/12/2026

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:

The optionee presents a rare 16-unit townhome development opportunity located across from the park on Atherton Ave in Nashua, New Hampshire. The Nashua Zoning Board of Adjustment granted variances on March 10, 2026 supporting a 16-unit residential townhome development, establishing a clear path forward for the project.
These are two flat lots with excellent soils––great for keeping sitework costs down (e.g., no road, blasting, excess fill, or otherwise required). Natural gas and all city utilities are sized appropriately and ready for easy connection at the street. Buyer to pursue all remaining Planning Board approvals, site plan review, and permits. The buyer shall provide their own building plans to the PBA (e.g., the builder is not tied into a product or construction style they don't like). The buyer may elect to phase the development as preferred for greater flexibility. The optionee is taking all offers and will consider owner financing, a joint venture, and/or selling its option prior to obtaining approvals at discount. Deals like this don't come around often in Nashua. Don't miss out on your chance to secure a winning project for 2026.

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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