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83 Pleasant St - Atlas Tack Corporation 21 Acres of Commercial Land Offered at $1,500,000 in Fairhaven, MA 02719
Investment Highlights
- The property offers a clear ~10.3-acre buildable section (Parcel 08-094 / Area A) located along Pleasant Street.
- Known environmental condition (not unknown risk) Cleanly defined buildable zone
- A remediated Superfund site with a defined NAUL
Executive Summary
83 Pleasant Avenue – Fairhaven, MA
Atlas Tack Corporation
±21.88 Acres | Development Opportunity (Partial) | Former Superfund Site
Offering a unique redevelopment opportunity in Fairhaven, Massachusetts, this approximately 21.88-acre property is situated in a residential area with historically commercial and industrial uses.
Property Overview
The site consists of five parcels totaling ±21.88 acres:
• 08-094 Pleasant Street: 13.037 acres
• 27-015 Hyland Street: 3.107 acres
• 27-015D Hyland Street: 1.753 acres
• 27-016 Boys Creek: 2.389 acres
• 27-017 Boys Creek: 1.589 acres
Land Characteristics
• Area A (Uplands): ±10.3 acres
o Only portion with development potential
• Area B (Wetlands): ±11.58 acres
o Includes wetlands and an on-site pond
• Vacant land with remnants of a former 2-story ±19,000 SF office building (in poor condition)
Environmental & Legal Considerations
• Former EPA Superfund Site
• Subject to a Consent Decree (dated December 12, 2005) involving:
o The United States of America
o The Town of Fairhaven
• Decree governs:
o Sale procedures
o Remediation obligations
o Institutional controls
• Property subject to an Environmental Restriction & Easement (ERE) running in perpetuity
• Notice of Activity and Use Limitation (NAUL) encumbers approximately 16.5 acres
• Property is designated as “Do Not Enter”
Sale Conditions
• Offered “AS IS, WHERE IS”
• Buyer responsible for all due diligence, including environmental and regulatory compliance
________________________________________
Property Facts
| Price | $1,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Hold For Development |
| No. Lots | 1 | Total Lot Size | 21.00 AC |
| Zoning | WRP - . ZONING + COVERAGE COMPLIANCE (WRP ZONE) Item Result Max lot coverage ~25% Impervious surface =50% Structure height =35 ft | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 21.00 AC |
| Zoning | WRP - . ZONING + COVERAGE COMPLIANCE (WRP ZONE) Item Result Max lot coverage ~25% Impervious surface =50% Structure height =35 ft |
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 21.00 AC |
| Price Per AC | $71,428.57 |
| Price | $1,500,000 |
| Price Per AC | $71,428.57 |
| Lot Size | 21.00 AC |
±21.88 Acres | Development Opportunity (Partial) | Former Superfund Site Offering a unique redevelopment opportunity in Fairhaven, Massachusetts, this is approximately 21.88-acre property .
Description
83 Pleasant Avenue – Fairhaven, MA Atlas Tack Corporation ±21.88 Acres | Development Opportunity (Partial) | Former Superfund Site Offering a unique redevelopment opportunity in Fairhaven, Massachusetts, this approximately 21.88-acre property is situated in a residential area with historically commercial and industrial uses. Property Overview The site consists of five parcels totaling ±21.88 acres: • 08-094 Pleasant Street: 13.037 acres • 27-015 Hyland Street: 3.107 acres • 27-015D Hyland Street: 1.753 acres • 27-016 Boys Creek: 2.389 acres • 27-017 Boys Creek: 1.589 acres Land Characteristics • Area A (Uplands): ±10.3 acres o Only portion with development potential • Area B (Wetlands): ±11.58 acres o Includes wetlands and an on-site pond • Vacant land with remnants of a former 2-story ±19,000 SF office building (in poor condition) Environmental & Legal Considerations • Former EPA Superfund Site • Subject to a Consent Decree (dated December 12, 2005) involving: o The United States of America o The Town of Fairhaven • Decree governs: o Sale procedures o Remediation obligations o Institutional controls • Property subject to an Environmental Restriction & Easement (ERE) running in perpetuity • Notice of Activity and Use Limitation (NAUL) encumbers approximately 16.5 acres • Property is designated as “Do Not Enter” Sale Conditions • Offered “AS IS, WHERE IS” • Buyer responsible for all due diligence, including environmental and regulatory compliance ________________________________________
Property Taxes
| Parcel Number | FAIR-000008-000000-000094 | Improvements Assessment | $0 |
| Land Assessment | $159,400 | Total Assessment | $159,400 |
Property Taxes
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83 Pleasant St - Atlas Tack Corporation
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