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2-12 Powder Mill Road, Acton, MA 01720

Land

$13,750,000
Price

10.49
Acres
Residential
Land Type
Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" is comprised of 111,358 square feet, "Building B" totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.
Open House
No scheduled Open Houses
Highlights
Acres: 10.49
Lot Size: 457,079.00
List Price: $13,750,000
Type: Land
Land Type: Residential
Status: Active
MLS#: 72849966
 
 
Exterior
Water: Yes
Acres: 10.49
Electrical: On-Site
Gas: On-Site
Improvements: Other (See Remarks)
Land Description: Level, Additional Land Available, Scenic View(s)
Lot Size: 457,079.00
Water: Public
Waterfront: River
Road Type: Public, Paved, Publicly Maint., State Road
Sewer: At Street, Nearby
Taxes
Short Sale Lender Approval: No
Lender Owned: No
Assessed Price: $9,999,999
Documents in Hand: Legal Description, Subdivision Approval, Land Survey, Order of Conditions, Drawings
Taxes: $9,999,999
Tax Year: 2021
Book/Page: 67508/180
Zone Usage: Multi-Family
Beach
Beach: No
Additional
Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
Disclosure: Asking price is minimum target number. Buyers required to verify qualifications, sign Broker/Project NDA per Seller.
Disclosure Declaration: Yes
The listing office is Marino Real Estate Group and the listing agent is Anthony Marino. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/29/2022 7:05:00 AM.
 
The Angela Harkins Team
The Angela Harkins Team
Lamacchia Realty Inc.
Lamacchia Realty, Inc.



Lamacchia Realty, Inc.   The Angela Harkins Team, Lamacchia Realty Inc.
Lamacchia Realty, Inc.
270 Littleton Rd. Unit 17 • Westford, MA 01886 Map it
Office: 978-692-4448 • Cell: 978-930-3300 
Fax: 866-231-2196 
angela@harkinsteam.com

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