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163-175 Main St 0.49 Acres of Residential Land Offered at $1,500,000 in Marlborough, MA 01752

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EXECUTIVE SUMMARY

New Price – $1.5M! Opportunity Zone! Previously approved mixed-use market rate development at 163-175 Main Street, Marlborough, MA. 67 residential apartments, 2 retail spaces & 43 garage parking spaces. E on Main will become the featured new rental development project in Downtown Marlborough. 31-two bedroom layouts, 33-one bedroom layouts, 3-studios and 2 retail spaces totaling 2953 square feet. Some homes offering private terraces- along with a common roof deck for all tenants. Prime location, less than 1.5-miles east of I-495 and less than 5 miles north of I-90, providing direct access to Greater Boston and Worcester. The Town of Marlborough boasts a population of approximately 40,000 residents and has corporate representation from companies such as TJX, Raytheon, Hewlett-Packard and Boston Scientific. RED HOT emerging area with pending or approved new development sites including: Green District Phases 3 & 4, Exchange Place, Walcott Heritage Farms & Alta Marlborough.

PROPERTY FACTS Under Contract

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.49 AC
Opportunity Zone Yes
Zoning R - Residential

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $3,061,224.49
Lot Size 0.49 AC
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33285057

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 163-175 Main St, Marlborough, MA 01752

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