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341 Broadway Rd 46.5 Acres of Commercial Land in Dracut, MA 01826
Executive Summary
Broadway Village - is a Comprehensive Permit under Chapter 40-B for the development of 300 apartment rental units, 12 retail units, a community pool and fitness space, sited on 46.5-acres of wooded and vacant land in Dracut, MA. The development proposes approximately 363,568 SF of residential area across four multi-story buildings including 14,572 SF of retail space, with a total of 480 parking spaces. The unit mix will provide one, two, and three- bedroom unit types with 75 units designated as affordable at 80% AMI. The site has good access to major transportation with proximity to interchange I-95 and I-495 and within a 15-minute drive from the Lowell MBTA commuter rail into North Station. The property may be delivered with plans and final engineering substantially complete, including the potential for a building permit in hand, offering developers a rare “shovel-ready” multifamily opportunity in one of Massachusetts’ strong rental markets.
No formal asking price - offers reviewed on a rolling basis.
No formal asking price - offers reviewed on a rolling basis.
Property Facts
1 Lot Available
Lot
| Lot Size | 46.50 AC |
| Lot Size | 46.50 AC |
341 Broadway Road, 226 Loon Hill Road & 250 Loon Hill Road Dracut, MA 01826- comprising approximately 46.5 acres of land.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | DRAC-000037-000086-000001 | Improvements Assessment | $0 |
| Land Assessment | $435,100 | Total Assessment | $435,100 |
Property Taxes
Parcel Number
DRAC-000037-000086-000001
Land Assessment
$435,100
Improvements Assessment
$0
Total Assessment
$435,100
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341 Broadway Rd
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