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167 Main St Marlborough, MA 01752

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For Sale
$1,500,000

Approved mixed-use development site in Marlborough, MA.

Lot size:
0.50 Acres

Property Features for 167 Main St

General Information

Lot size
0.50 Acres

Source: Century 21 - Cityside | Boston Agent Collin Bray

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Approved Mixed-Use Development Opportunity

This property presents an opportunity within an Opportunity Zone. It features a previously approved mixed-use market rate development plan at 163-175 Main Street, Marlborough, MA. The approved plan includes 67 residential apartments, consisting of 31 two-bedroom layouts, 33 one-bedroom layouts, and 3 studio apartments, along with 2 retail spaces totaling 2953 square feet and 43 garage parking spaces. The development, named E on Main, is planned to be a featured new rental development project in Downtown Marlborough. Some apartments will offer private terraces, and there will be a common roof deck for all tenants. The location is less than 1.5 miles east of I-495 and less than 5 miles north of I-90, providing access to Greater Boston and Worcester. The Town of Marlborough has a population of approximately 40,000 residents and has corporate representation from companies such as TJX, Raytheon, Hewlett-Packard and Boston Scientific. The area is emerging with pending or approved new development sites including: Green District Phases 3 & 4, Exchange Place, Walcott Heritage Farms & Alta Marlborough.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Marlborough
County
Middlesex
State
Massachusetts
Longitude
-71.5593609
Latitude
42.3432078

FAQs

What type of property is this?
Land - Approved mixed-use development site in Marlborough, MA.
Where is this land located?
The property is located at 167 Main St Marlborough, 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: - Approved mixed-use development project with 67 residential apartments, 2 retail spaces, and 43 garage parking spaces.; - Prime location with easy access to I-495 and I-90, providing direct access to Greater Boston and Worcester.; - Located in a RED HOT emerging area with multiple pending or approved new development sites.
More about this property
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