$359,900
About this home
12-Unit Approved Condo Development | Commercial Zoned | Downtown Hillsborough, NH | Hillsborough County, Southern NH. A rare shovel-ready condo development opportunity on a Central Business District zoned, town-approved infill site. Acquire full declarant rights to deliver 12 condominium units within an existing HOA framework — purpose-built for NH builders, condo developers, and multifamily investors in a supply-constrained New Hampshire market Rare opportunity to acquire the rights to build 12 condominium units (#5–#16) within the established Butler Court Condo Association in Hillsborough. This is an approved multifamily development opportunity in Hillsborough County NH, ideal for builders, developers, and investors seeking an entitled residential development site in Southern New Hampshire. The approved plans allow for three 4-unit buildings (72' x 28' each), totaling twelve 2-bedroom, 1-bath condominium units of approximately 950 square feet per unit. Town-approved plans are on file, providing a significant head start for a developer looking for a shovel-ready condo project with an existing condominium association structure in place. Located in the Central Business District of downtown Hillsborough, this condo development site offers walkability to shops, restaurants, and local services. The location provides strong rental and resale appeal with convenient access to Concord, Keene, and the greater Manchester region. This 12-unit development site offers multiple investment strategies: Build-to-sell condominium project Build-to-rent multifamily investment Phased residential development Condo declarant rights, established unit allocations, and existing association framework create a unique opportunity to control an approved condo project in a supply-constrained New Hampshire market. Buyer to perform due diligence regarding site conditions, utilities, permitting, and construction requirements.
Property details
- MLS #
- 5078558
- Property type
- Condominium
- Subdivision
- N/A
- Status
- Active
- Days on market
- 158
- On market date
- N/A
- Stories
- N/A
- Total bathrooms
- 12
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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).
- Enrollment
- 420
- Student:teacher ratio
- 10.5:1
- District
- Hillsboro Deering Coop School District
- Enrollment
- 252
- Student:teacher ratio
- 10.5:1
- District
- Hillsboro Deering Coop School District
- Enrollment
- 370
- Student:teacher ratio
- 11.6:1
- District
- Hillsboro Deering Coop School District
Walkability
Blended score for Hillsborough'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).
Market position
How this listing compares to current activity in Hillsborough, from live MLS data.
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/13/26.