Commercial Sale at 49 Lincoln Heights, Claremont
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$450,000

49 Lincoln Heights
Claremont, NH 03743
Listed by James Ward · Equity Group Real Estate Broker Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

6 acres overlooking downtown. Zoned up to 52 units. Potential for additional uses; assisted living, hotel. Highest elevation in city offers commanding views of downtown, and VT mtns. Additional 24 acres adj. as possible add on. 5 min walk to center of town. 1 mile to Walmart and regional shopping. Quiet dead end location. The subject site is perched at the highest elevation in the core area. Offering panoramic views of VT, Downtown mill bldgs, area hills. 1/4 mile to most retailers. Easy walk to the town center thru a city park, over the Sugar River on a pedestrian bridge with views of the falls, to restaurants, etc. Even with its central location the site is private and quiet with 25 acre city owned land abutting (possible expansion area). Zoned CR-2 (MF up to 52du) Assisted living by special exception. City open to discussion on office or hospitality, medical. Town water and sewer. Existing 3BR rental house. Broker Interest. Claremont NH, a sudden and strong rebirth with major new development investments recently in market rate housing. A historic town that showcases beautiful architecture throughout the city created from its glorious past. Several new manufacturing companies relocated and expanded. Recent uptick of small businesses. Downtown has undergone major infrustrure improvements and continues to support and encourage addt businesses. Over the last few years virtually all the industrial vacancies have been absorbed.

Property details

MLS #
5054931
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
373
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
6 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Disnard Elementary School
0.44 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
239
Student:teacher ratio
12.0:1
District
Claremont School District
Middle
Claremont Middle School
0.97 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
385
Student:teacher ratio
13.3:1
District
Claremont School District
High
Stevens High School
0.62 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
539
Student:teacher ratio
21.6:1
District
Claremont School District

Walkability

Blended score for Claremont's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

66
Walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes14
Grocery stores3
Parks6
Schools6
Transit stops5
Pharmacies2

Market position

How this listing compares to current activity in Claremont, from live MLS data.

On the market 373 days -- 228 more days than Claremont's current average of 145 days.
For reference, the median list price across 103 active listings in Claremont right now is $312,000.

Mortgage calculator

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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