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Permitted Senior Housing Land
For Sale
$2,490,000

46 Chapel Street Leicester, Cherry Valley, MA 01611

B-zoned development site permitted for a senior housing project.

Property SizeContact for details
Days on Market96

Property Features for 46 Chapel Street Leicester

General Information

Standard status Active
Property subtype Land
Zoning B
Listing Agency: Parsons Commercial Group, Inc
Listed By: Sharon Lucido
Source: Bournetosellrealestate
Added: May 29 Changed: Aug 29 Last Checked: Aug 31 at 12:47PM

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 Parsons Commercial Group, Inc

Investment Insights

Based on property information with market context.

This commercial land offering comprises 29.7 acres at 46 Chapel Street in Leicester, Massachusetts. The site carries B zoning and has approvals in place for a senior housing development containing 88 units.

The property is positioned minutes from downtown Leicester and less than 5 miles from the Route 146 and Route 290 intersection, providing access to established local amenities and regional road connections.

Key Highlights

  • 29.7‑acre commercial land site in Leicester, MA
  • Permitted for development of 88 senior housing units
  • B zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Building Supply Restaurant Parking Lot & Garage Auto Repair 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.

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 01611, MA

2,277
Population
845
Households
2.7
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
670
Density / Sq Mi
$118,389
Median Household Income
$46,424
Median Earnings
$1,040
Median Rent
$306,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B-zoned development site permitted for a senior housing project.
Where is this commercial land located?
The property is located at 46 Chapel Street Leicester Cherry Valley, MA.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: 29.7‑acre commercial land site in Leicester, MA; Permitted for development of 88 senior housing units; B zoning
More about this property
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