NASHUA — U-Haul Company of Eastern Massachusetts has identified a site on Amherst Street as a future U-Haul facility.

The company is planning to renovate for former Fab-Braze Corp. building at 476 Amherst St. into a U-Haul rental store and indoor self-storage units. It is also proposing a new, two-story building on the parcel that would serve as additional self-storage space.

U-Haul proposed for Nashua

The former Fab-Braze Corp. building at 476 Amherst St. may be converted into a U-Haul facility and self-storage complex if a proposed site plan is approved by the Nashua City Planning Board.

According to the plans on file at Nashua City Hall, the existing building would be converted into 4,000 square feet of rental store space and about 15,450 square feet of self-storage units. The second self storage building, about 76,000 square feet, will be constructed in the rear of the existing building, states the proposal.

“This project will allow for a currently vacant parcel to become a more functional property, increasing not only its value, but also the value of surrounding sites,” says the site plan suitability report filed by Hayner Swanson Inc.

According to the report, the applicant maintains that the development will provide construction jobs for the renovation and expansion of the property, as well as bring additional workers to the Amherst Street area and therefore allow for the potential of more consumer spending in the city.

Vehicles will access the property through the existing entrance on Amherst Street, if approved by planning officials. The Nashua City Planning Board is set to review the proposed site plan on Thursday; the board previously granted a conditional use permit for the project.

If supported by the planning board, an alteration of terrain permit will still be required by the New Hampshire Department of Environmental Services for the project to progress.

Nearly 30 parking spaces are being proposed for the property — 16 car spaces and 13 truck spaces, according to the plans.

“The proposed truck leasing and self storage aligns well with other commercial and industrial uses along the Amherst Street corridor,” states the suitability report, adding the development will enhance the aesthetic, architectural and visual amenities of a currently vacant and rundown property.

The applicant contends that the U-Haul facility will be compatible with other mixed-uses in the Amherst Street corridor, and benefit from other infrastructure improvements already in place in the area.

“This redevelopment project offers the opportunity to renovate and expand the property in order to return it to productive use,” states the plan.

The proposal will be considered during Thursday’s planning board meeting, which starts at 7 p.m. at Nashua City Hall.