Commercial Corner Development
For Sale
$1,700,000
1 Chase Road, Sturbridge, MA 01566
Corner commercial lot with documented prior approvals tied to a larger 71-unit multiple dwelling development.
Property SizeContact for details
Days on Market567
Property Features for 1 Chase Road
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Multifamily Units
71
Listing Agency:
RE/MAX Prof Associates
(508) 347-9595
Listed By:
David Bruce Ford · License #109405
Source:
Eganrealtygroup
Added: Jan 30, 2025
Changed: Aug 8
Last Checked: Apr 22 at 6:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Prof Associates
Investment Insights
Based on property information with market context.
A 2.4-acre commercial lot is offered on the corner of Hall Road and Chase Road. The broader site previously received approval for a 71-unit multiple dwelling project, with 24 acres designated for townhouse-style homes and 12 acres set aside as open space on a 450-foot cul-de-sac.
The property is described as being about a half mile to the on-ramp for I-84 and I-90, located behind a Wendy’s on Route 20. The seller’s remarks also note connectivity to Route 49, Route 20, Route 148, Route 131, and both I-84 and I-90.
All interested parties are advised to conduct their own investigation regarding feasibility and maximum building potential for the site.
The property is described as being about a half mile to the on-ramp for I-84 and I-90, located behind a Wendy’s on Route 20. The seller’s remarks also note connectivity to Route 49, Route 20, Route 148, Route 131, and both I-84 and I-90.
All interested parties are advised to conduct their own investigation regarding feasibility and maximum building potential for the site.
Key Highlights
- Corner of Hall Road and Chase Road: 2.4‑acre commercial lot
- Chase Road previously approved for a 71‑unit multiple dwelling project
- Plan includes 24 acres for townhome‑style homes and 12 acres of open space
Property Analytics
Property Profile
Current Use
Lease Details
71
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Explore this area
Business Placement
Demographics for 01566, MA
6,691
Population
3,041
Households
2.2
Avg Household Size
46
Median Age
46%
College-Educated
95%
High-School Grad
25.0 sq mi
ZIP Area
268
Density / Sq Mi
$135,802
Median Household Income
$77,314
Median Earnings
$1,677
Median Rent
$393,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner commercial lot with documented prior approvals tied to a larger 71-unit multiple dwelling development.
Where is this residential land & home lot located?
The property is located at 1 Chase Road Sturbridge, MA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Corner of Hall Road and Chase Road: 2.4‑acre commercial lot; Chase Road previously approved for a 71‑unit multiple dwelling project; Plan includes 24 acres for townhome‑style homes and 12 acres of open space
