Nashua brownfield site sold for $7.1 million
Buyer Anagnost Investments studying potential uses
Dick Anagnosts Manchester-based Anagnost Investments Inc., purchased the former Hampshire Chemical site.
The 41-acre former Hampshire Chemical site on East Spit Brook Road in Nashua has been sold for $7.1 million, prompting speculation about its future use but with no firm plans in place.
The property was purchased by Manchester-based Anagnost Investments Inc., whose president, Dick Anagnost told the Nashua Telegraph an engineering and environmental consultant will be determine the best use for the site.
“It’s the last property of its size in that area – the last major parcel on (Daniel Webster Highway) in South Nashua,” Anagnost told the newspaper.
The property, unused for some 20 years, is the former site of the W.R. Grace chemical company, and part of it still requires cleanup.
Anagnost, a proponent of commuter rail in the region, did raise the possibility that the property will be used for transit-oriented development.
“That area is pretty busy now, but it would help take cars off Route 3 and put them into rail,” Anagnost said of a passenger train and the possibility of converting the site into a commuter rail station.