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EXECUTIVE SUMMARY
Prime Development Opportunity – 33 Acres of Prime Development Opportunity
33 Acres on Milford Street MA-Route 16. Unlock the potential of this expansive property positioned near the Hopedale town line. See the attached conceptual plan showing a Mixed- Use Age Restricted Community development including two commercial parcels, 41,000 & 60,000 SF. The site offers significant frontage with two access points. This site provides exceptional development flexibility, making it an ideal investment for developers.
Development Potential
This site sits in the Age Restricted Mixed Use Overlay District in the Town of Mendon. Also Zoned for Single-Family Residential – Aligned with the existing RR (Rural Residential) and GB (General Business) zoning. Commercial/Industrial Expansion would require a Town zone change but would opening opportunities for business growth. Affordable Housing (Chapter 40B) is also a consideration. There is no town sewer or water service. National Grid provides three phase electrical service through a nearby sub-station. The site is not in a priority habitat area. The site is in a nitrogen sensitive area.
Ideal for developers seeking to capitalize on Massachusetts' housing initiatives. This property offers a rare blend of size, location, and zoning flexibility, making it a prime candidate for a variety of high-value projects. Whether you're envisioning a residential community, commercial enterprise, or mixed-use development, this site is ready to accommodate your vision. For more details or to discuss development possibilities, contact us today.
33 Acres on Milford Street MA-Route 16. Unlock the potential of this expansive property positioned near the Hopedale town line. See the attached conceptual plan showing a Mixed- Use Age Restricted Community development including two commercial parcels, 41,000 & 60,000 SF. The site offers significant frontage with two access points. This site provides exceptional development flexibility, making it an ideal investment for developers.
Development Potential
This site sits in the Age Restricted Mixed Use Overlay District in the Town of Mendon. Also Zoned for Single-Family Residential – Aligned with the existing RR (Rural Residential) and GB (General Business) zoning. Commercial/Industrial Expansion would require a Town zone change but would opening opportunities for business growth. Affordable Housing (Chapter 40B) is also a consideration. There is no town sewer or water service. National Grid provides three phase electrical service through a nearby sub-station. The site is not in a priority habitat area. The site is in a nitrogen sensitive area.
Ideal for developers seeking to capitalize on Massachusetts' housing initiatives. This property offers a rare blend of size, location, and zoning flexibility, making it a prime candidate for a variety of high-value projects. Whether you're envisioning a residential community, commercial enterprise, or mixed-use development, this site is ready to accommodate your vision. For more details or to discuss development possibilities, contact us today.
PROPERTY FACTS
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 33.00 AC |
| Zoning | Industrial/Commercial | ||
| Price | $4,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 33.00 AC |
| Zoning | Industrial/Commercial |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 33.00 AC |
| Price Per AC | $136,363.64 |
| Price | $4,500,000 |
| Price Per AC | $136,363.64 |
| Lot Size | 33.00 AC |
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50 Milford St
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