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1c Belmont St
Northborough, MA 01532
Land For Sale
·
3.56 AC
Investment Highlights
- Perfectly placed on Route 9 between Otis Street and Route 20 with easy access and turnaround capability.
- Demand drivers nearby include Target, Burlington, McDonald’s, Walmart, Wegmans, DICK’S Sporting Goods, BJ’s Tire Center, and more.
- The population within a two-mile radius is growing rapidly at 1.8% and boasts high household incomes of over $148,000.
- The property currently collects income from billboard signage but can be easily redeveloped into retail.
- There are no supply-side pressures on vacancy or rent in the near term, with little under construction, making it prime time to buy in the market.
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 3.56 AC |
| Zoning | HB - Highway Business | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.56 AC |
| Zoning | HB - Highway Business |
Description
This is a new billboard/monument sign for sale, built in 2018, with 15 unique panels on each side for a total of 760 SF. This sign services the primary retail plazas and an apartment complex that have minimal visibility from the highway. These three centers make up a marketing powerhouse interchange with over 50 tenants, 757,000 SF of retail and medical space, 163 apartments all built between 2009 and 2016.
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