Rare development opportunity! Approximately 7± acres zoned BL-1 with significant frontage on Mill Street and existing access via Richard Healy Road.Conceptual redevelopment plans illustrate the potential for a muti-unit apartment building, four duplex lots (8 additional units), associated parking, and landscaped open space.Ideally situated with convenient access to major routes, shopping, employment centers, and local amenities. Public water, sewer, and other utilities are available in the area. Buyers are encouraged to perform their own due diligence regarding zoning, permitting, site approvals, engineering requirements, utility availability, environmental conditions, and development potential. A unique opportunity for developers, investors, and builders seeking a large-scale residential redevelopment project in a growing market.
| MLS # | 73585329 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 24 |
| Listing Provided By | RE/MAX Vision | Richard J. Trifone |
| Zoning | BL 1 |
|---|---|
| Acreage | 7.08 |
| Golf Course | Yes |
| Lot Features | Rolling Slope, Elevated, Wetlands, Wooded, Cul-De-Sac |
|---|
| Sewer | At Street |
|---|---|
| Gas | Nearby |
| Electric | At Street |
| Tax Annual Amount | 1592 |
|---|---|
| Tax Assessed Value | 120700 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01602 |
| Area | Worcester |
| Listing VS Median (in 01602) | |
Price: $1,175,000 low | high Med: $429,900 On site: 24 low | high Med: 80 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01602 |
| Area | Worcester |
| Listing VS Median (in 01602) | |
Price: $1,175,000 low | high Med: $429,900 On site: 24 low | high Med: 80 | |