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Listing provided by Viktoria V Alkova, KW Coastal and Lakes & Mountains Realty
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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.
| DAYS ON MARKET | 88 | LAST UPDATED | 3/11/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | GARAGE SPACES | 21.0 |
| COUNTY | NH-Hillsborough | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 1.14 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Multi-Family |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data last updated 4/15/26 4:52 PM PDT

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