Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. Building A is comprised of 111,358 square feet, Building B totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.
This land located at 2-12 Powder Mill Road, Acton, MA 01720 is currently listed for sale with an asking price of $13,750,000. The property has approximately 10.49 Acres. Search Acton real estate on teamdubebennett.masiello.com today.
Agency Name: Marino Real Estate Group
Agent Name: Anthony Marino
Agency Phone: 781-990-8880
Agent Name: Team Dube-Bennett
Agent Phone: (207) 240-2613 Susan Dube
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment$ 895,056.86 per month $57,713.19 Principal & Interest $833,333.25 Property Tax $4,010.42 Homeowner's Insurance