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Commercial Development Land
For Sale
$1,500,000

1 Chase Road, Sturbridge, MA 01566

Land, Sturbridge, MA

Property SizeContact for details
Lot Size36.00 Acres
Days on Market557

Property Features for 1 Chase Road

General Information

Property type Land
Property subtype Other
Zoning Comm, & RR
Directions From Mass. Pike, take Rt. 20 east, right on to Hall Rd. First road on left after the apartments.
Standard status Active
APN 4670606
Lot size 36.00 Acres

Taxes and HOA fees

Tax Year 2025
Listing Agency: RE/MAX Prof Associates · RE/MAX International
Listed By: Lorraine Herbert · License #109405
Added: Feb 9, 2025 Changed: Aug 19 Last Checked: Aug 20 at 7:06AM
MLS# 73333739

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property consists of approximately 36 acres and includes a previously approved concept for a 71-unit multiple dwelling project. The plan contemplated 24 acres for townhome-style homes and 12 acres of open space, arranged on a 450-foot cul-de-sac. On the corner of Hall Road and Chase Road, there is also a 2.4-acre commercial lot. The site has subsurface documentation available, including 17 soil test borings and 51 test pits.

The parcel is positioned with convenient regional access. An on-ramp to I-84 and I-90 is approximately half a mile away, behind Wendie’s on Route 20, supporting connectivity throughout Central New England. Route-level access is also described to include Route 49, Route 20, Route 148, and Tr. 131, in addition to I-84 and I-90.

Zoning is listed as “Comm, & RR,” with stated potential uses including market rate OSRD, 55+ community, assisted living, nursing home, hospital, 40B, single-family attached, SF rental, or combinations subject to town approval. The seller notes that all interested parties should conduct independent investigation to confirm feasibility and determine maximum building potential for the site.

Key Highlights

  • Previously approved for a 71‑unit multiple dwelling project on Chase Road
  • 24 acres for townhouse‑style homes plus 12 acres of open space on a 450‑ft cul‑de‑sac
  • 2.4‑acre commercial lot on the corner of Hall Road and Chase Rd

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

71
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Large mixed-use development parcel with prior approval history and access to major interstates.
Where is this commercial land located?
The property is located at 1 Chase Road Sturbridge, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Previously approved for a 71‑unit multiple dwelling project on Chase Road; 24 acres for townhouse‑style homes plus 12 acres of open space on a 450‑ft cul‑de‑sac; 2.4‑acre commercial lot on the corner of Hall Road and Chase Rd
More about this property
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