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2-12 Powder Mill Road

Acton, MA 01720
  • $13,750,000
  • STATUS: Active
  • MLS #: 72850011
UPDATED: 64 min ago
$13,750,000
  • 0
    BEDS
  • 10.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 457,036
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2022
County:
Area:

School Ratings & Info

Listing courtesy of Anthony Marino of Marino Real Estate Group.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-02T19:09:13.913.
www.seybothteamhomes.com/homes/118257186
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2-12 Powder Mill Road Acton, MA 01720

  • Price: $13,750,000
  • Status: Active
  • On Site: Days
  • Updated: 64 min ago
  • MLS #: 72850011
0
Beds
0
Baths
0
½ Baths
10.49
Acres
457,036
SQFT
$30
$/SQFT
2022
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
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.
Exterior Features

Construction BrickFrameMasonSteelStucco Frontage 293.00 Location Suburban Parking Features GarageOpenOn Site Parking Spaces 412 Roof Material Rubber Site Condition Level Stories 6

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 315110.00 Total Building Sq Ft 457036.00 Waf Building Sq Ft 137530.00

Property Features

Assessed Value Building 99999.00 Assessed Value Land 99999.00 Assessed Value Total 99999.00 Commercial Industrial Type 5+ Residential Disclosure Yes Disclosures Asking Price is Minimum Target Number. Buyers Required To Verify QualificationsSign Broker/Project Nda Per Seller. To Be Built. Land And Approvals Only. Exchange No Exclusions Buildings Are Not included. To Be Built. Land And Approvals included Only. Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E Yes Reu Units 0 Rsu Units 230 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 99999.00 Total Units 230 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Ow Zone Description Other (See Remarks) Zoning Res

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Anthony Marino of Marino Real Estate Group.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-02T19:09:13.913.
 
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Listing courtesy of Anthony Marino of Marino Real Estate Group.