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2-12 Powder Mill Road

Acton, MA 01720
  • $13,750,000
  • STATUS: Active
  • MLS #: 72850041
UPDATED: 36 min ago
$13,750,000
  • 0
    BEDS
  • 10.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 99,999
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Multi-Family
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 2021-12-05T15:08:21.443.
www.parrottrealtygroup.com/homes/118257039
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2-12 Powder Mill Road Acton, MA 01720

  • Price: $13,750,000
  • Status: Active
  • On Site: Days
  • Updated: 36 min ago
  • MLS #: 72850041
0
Beds
0
Baths
0
½ Baths
10.49
Acres
99,999
SQFT
$138
$/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

Beachfront No Foundation Other (See Remarks) Lot Description CornerAdditional Land Avail.LevelScenic View(S) Parking Spaces 99 Water View Features River Waterfront River Waterfront Flag Yes Waterview Flag Yes

Interior Features

Basement Yes Basement Features Concrete Floor Bedrooms Unit1 0 Bedrooms Unit2 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 0 Floors Unit2 0 Full Baths Unit1 0 Full Baths Unit2 0 Half Baths Unit1 0 Half Baths Unit2 0 Levels 6 Levels Unit1 0 Levels Unit2 0 Rooms 0 Rooms Unit1 0 Rooms Unit2 0 Rooms Unit3 0

Property Features

Amenities Public TransportationShoppingWalk/Jog TrailsGolf CourseMedical FacilityConservation AreaHighway AccessHouse Of WorshipPrivate SchoolPublic School Apod Available No Assessments 9999999.00 Disclosure Yes Disclosures Asking Price is Minimum Target Number. Buyers Required To Verify QualificationsSign Broker/Project Nda Per Seller. Exclusions Buildings Are Not included. To Be Built. Land And Approvals included Only. Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lender Owned No Lot 39-45 Multifamily Type 5-9 Family Rent Unit1 0 Rent Unit2 0 Sewer Other (See Remarks) Short Sale Lender App Required No Sq Ft Source Other Tax Year 2021 Taxes 9999999.00 Water City/Town Water Year Built Description Approximate Year Built Source Owner Zoning Multi Fam

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 2021-12-05T15:08:21.443.
 
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Listing courtesy of Anthony Marino of Marino Real Estate Group.