$2,200,000

Est. Mortgage $10,552/mo *

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524 Main St, Acton, MA, 01720

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This land is currently zoned for commercial / light industrial (so this would be the fastest and easiest strategy) but the town has expressed verbally that they would like to see this land used for housing, given that Acton schools have been attracting people to this town in droves (the seller is willing to pursue the zoning change and the permitting if buyer is willing to put up a 5% deposit. This strategy is likely to be the most profitable sine each newly constructed condo in the area sells for over $1 million. There are currently conceptual drawings for both light industrial garage bays and residential condos.

Status:

Active

Type:

Lot / Acreage

Zoning:

LI-1

Acreage:

4.32

Est. Taxes:

$7,700

Assessment

$1,417,000

Lot Description:

Level, Wooded, Gentle Sloping

Amenities:

Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station

MLS #:

73412509

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Paul Chang, Gibson Sotheby's International Realty 978-255-3569

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524 Main St, Acton, MA, 01720

Community Info

School Info

Walk Score

Mass Transit

Yelp

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524 Main St, Acton, MA, 01720

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