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Historic Schoolhouse Redevelopment Opportunity
For Sale
$279,900
Pending

314 Sanders St, Athol, MA 01331

9.62-acre lot with approved condo conversion plans.

Property Size2,024 SF
Lot Size9.62 Acres
Days on Market157

Property Features for 314 Sanders St

General Information

Standard status Pending
Size 2,024 SF
Lot size 9.62 Acres
Property subtype Commercial

Building Details

Building Size 2,024 SF
Year Built 2024
Listing Agency: Keller Williams South Watuppa
Listed By: The Ponte Group
Source: Iverty
Added: Apr 8 Changed: Sep 10 Last Checked: Sep 10 at 6:43AM

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 Keller Williams South Watuppa

Investment Insights

Based on property information with market context.

The Sanders Street School, a historic property situated on a 9.62-acre lot in Athol, presents a redevelopment opportunity. Approved plans are in place to convert the former schoolhouse into 15 condo apartments. The town has approved the redevelopment, though some work is required. The property includes a large parking area at the rear and expansive grounds, offering additional possibilities. This site represents a unique investment opportunity.

Key Highlights

  • Approved plans for conversion into 15 condo apartments.
  • Large 9.62‑acre lot.
  • Town approval for redevelopment.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Hair Salon Parking Lot & Garage HVAC Service Bakery Nail Salon

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

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 01331, MA

13,656
Population
6,050
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
54.2 sq mi
ZIP Area
252
Density / Sq Mi
$68,345
Median Household Income
$42,132
Median Earnings
$1,041
Median Rent
$257,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.62-acre lot with approved condo conversion plans.
Where is this commercial land located?
The property is located at 314 Sanders St Athol, MA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Approved plans for conversion into **15 condo apartments**.; Large 9.62‑acre lot.; Town approval for redevelopment.
More about this property
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