Rare shovel-ready condo development opportunity in a Central Business District, town approved site. Notice the prime placement of Units 5 through 16 spanning across the back of the property, offering excellent separation from the main street.

Large Shared Parking Lot. New construction would be sited at the wood line. Approved and shovel-ready.

+14 more

Unique building opportunity in Hillsborough, NH. Located in the Village center, convenient to all the local shops, cafes, and amenities. From the street entrance you can see the two completed buildings of this association.

Great in-town commuter location! Easy access to Route 202 and 9, making this a option for those working in Concord, Manchester, or Keene.

Condo package to-be-built, approved site plan, shovel ready. Pictured is a previously completed building.

Great location with quick access to local amenities.

19 photos

$359,900

5-16 Butler Street

Hillsborough, NH 03244

Listed by Katherine Scott · Epique Realty

Bedrooms

Bathrooms

Living area

N/A

Year built

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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
Garage spaces: N/A
Lot size: N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Hillsboro-Deering Elementary School

0.31 mi away · Grades -1-5

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: 420
Student:teacher ratio: 10.5:1
District: Hillsboro Deering Coop School District

Middle

Hillsboro-Deering Middle School

0.3 mi away · Grades 6-8

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: 252
Student:teacher ratio: 10.5:1
District: Hillsboro Deering Coop School District

High

Hillsboro-Deering High School

0.45 mi away · Grades 9-12

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: 370
Student:teacher ratio: 11.6:1
District: Hillsboro Deering Coop School District

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Est. monthly payment

$2,317/mo

$71,980 down

$287,920 loan

Principal & interest$1,867

Property tax (est.)$300

Home insurance (est.)$150

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