Nahant Land for Sale

Nahant is a great place for property buyers to look to if they're in the market for land. The town has a lot of valuable assets as a place that was originally a resort town. If you contact us, you can enjoy the benefits that come with buying property to develop in this area.

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Land for Sale

Geographic Location

Nahant, incorporated in 1853, is in Essex County and features an unusual location on a peninsula of rocky land. The closest town is Lynn, and three sides of the community are surrounded by the ocean.

The location is only 14 miles away from Boston. Because of the town's long history as being a resort community, it offers a lot of possibility for vacation home buyers from locations as diverse as Portland, ME, which is 98 miles away, and the New York City area, which is 232 miles away.

Only a little over 3,000 people live in this town full-time. A causeway connects the town to nearby Lynn, where many residents go for shopping and dining.

There are ten beaches here, mostly on the eastern side of town. Kelly Greens Golf Course and a few town parks also provide plenty of outdoor recreation.

Part of a single bus line provides MBTA transport, which includes stops in Lynn where residents can access the MBTA commuter rail line. Although no major state or interstate highways run into town, Massachusetts Routes 128 and 129, I-95, and U.S. 1 are all within a few minutes' drive.

What Types of Developments Could You Build Here?

With undeveloped lots less common here than in many other Massachusetts communities, you'll find prices ranging in the mid $800,000's for many lots under an acre with easy road access. However, several possibilities range from either residential uses to store spaces to serve the needs of this small town.

Homes

Many of the homes already in existence in town range from stately estate-style houses to beach-area bungalows. Many were built during the 1920's and 30's, providing you with plenty of inspiration you could use in designing a modern residence.

Ocean views are one of the major things that buyers look for in any home here, and any location you select is certain to offer this in abundance. Some of the features that you may wish to consider regardless of the style include:

• Piling construction
• Open concept living area
• Outdoor deck for entertaining

Lots of slightly larger areas are perfect places to construct homes perfect as a dream residence to sell or to convert into condo or apartment space. Regardless of whether you're initially using the property as an investment or want to see the equity increase before selling, you're in a great location.

Building beach cottages for those who want to either buy or rent is also a good way to make use of your development space. Detached units that offer easy access to beaches top the list of what many buyers in this area want.

Apartment Buildings

Because of the size of the town, there are not large apartment complexes here like there are in many other local communities. However, there are some ways you could develop the property you buy to fill this need in a way that stays in sync with the town's character.

A building that offers fewer units in a larger size or a townhouse style is certain to attract the attention of renters. Including amenities in the highest demand is one way to attract both those who are looking for property to rent during vacations or who enjoy the benefits of living in a smaller community.

Commercial Investment Properties

There are many benefits to having a local company operating in a smaller town. One of these advantages includes having an office or another type of space in a setting that's removed from the non-stop activity of many bigger areas.

One possible way to make maximum use of such a space in this area is to have a building that offers an office or other space on the first floor and apartment space on the second. This is also a good way to market real estate to a business owner that prefers to have their living space on the same property.

Retail Space

Retail buildings that serve the needs of this small community are also worth considering. Any location that attracts a lot of summer visitors is likely to need retail and restaurant space.

However you decide to make the most of the property, you'll be glad you decided to take advantage of what is available.

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Land for Sale