Colliers, a global leader in commercial real estate services, is pleased to announce the sale of 11-13 Mulberry Street in Nashua, NH. According to the Hillsborough County Registry of Deeds, the property sold for $1,530,000. Dan Scanlon, JD, CCIM, and Cassandra Farley, both Senior Associates with Colliers, represented the seller, Mulberry Street Nashua LLC. The buyer was Mulberry Rise LLC, represented by Tyler Haugh of Realty One Group Nest.

The 0.4± acre site is approved for a 64-unit apartment development comprising 32 one-bedroom and 32 two-bedroom units, with 31 covered parking spaces beneath the proposed building. The property is located in Nashua’s Downtown Mixed-Use District and within a federally designated Opportunity Zone.
 
“This sale reflects continued interest in development opportunities near downtown Nashua,” said Scanlon. “The approvals give the buyer a clear path to move forward with plans for the site.”
 
Located in the Tree Streets neighborhood, the property is within walking distance of downtown restaurants, shops, public transportation, the Nashua Heritage Rail Trail, and Southern New Hampshire Medical Center. The sale marks another investment in an area that has seen redevelopment activity in recent years.