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    70 Powder Mill Rd Maynard, MA 01754

    Sponsored
    For Sale
    Contact for pricing

    Three contiguous lots, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional development opportunity encompasses three contiguous lots totaling 2.26 acres at 66, 68, and 70 Powder Mill Road in Maynard, Massachusetts. Situated in Middlesex County, zip code 01754, this property presents a rare chance to create a thriving mixed-use development. Currently featuring existing multifamily and retail spaces, the site benefits from its location within Maynard's anticipated overlay district. This zoning designation offers increased flexibility, allowing for a diverse range of projects, including residential, retail, restaurant, office, and personal service uses. Special permits may even allow for hotels and other unique ventures. The properties are ideally positioned along the scenic Assabet River, offering a unique and desirable setting for a new development. This is more than just a development site

    Property Features for 70 Powder Mill Rd

    General Information

    Property type
    Multifamily properties

    HighLights

    • 2.26‑acre mixed‑use development opportunity in Maynard, MA (01754).
    • Three contiguous lots (66, 68, & 70 Powder Mill Road) with existing multifamily and retail buildings.
    • Prime location within Maynard's anticipated overlay district, allowing for diverse mixed‑use development (residential, retail, restaurant, office, personal services).
    • Special permits may allow for hotels and other unique uses.
    • Desirable location along the Assabet River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawes Florist Florist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Maynard
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.443503
    Latitude
    42.4371294

    Nearby Comparable

    • Contact for pricing

      Maynard, MA Development Land

      Prime 2.26-acre multi-family site
      68 Powder Mill Rd, Maynard, MA 01754
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    • $3,100,000

      Mixed-Use Development Opportunity

      Three contiguous lots with mixed-use development potential.
      66-68-70 Powder Mill Rd, Maynard, MA 01754
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      Maynard, MA Development Opportunity

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      Stow Shopping Center For Sale

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    Nearby Similar for Sale

    • $2,200,000

      Value-Add Potential Multifamily Property

      Multifamily property with value-add potential in a strong location.
      22-26 Waltham St, Maynard, MA 01754
      View Details
    • $650,000

      Updated Three-Unit Residential Building

      Well-maintained three-unit building with recent updates and parking.
      91 Nason St, Maynard, MA 01754
      View Details
    • $629,900

      Maynard Three-Family Investment Opportunity

      Three-unit property in Maynard, ideal for investors or owner-occupants.
      30 Acton St, Maynard, MA 01754
      View Details
    • $3,100,000

      Mixed-Use Development Opportunity

      Three contiguous lots with mixed-use development potential.
      66-68-70 Powder Mill Rd, Maynard, MA 01754
      View Details
    • Contact for pricing
      1,600 SF

      Retail Building in Maynard Center

      1,600 SF retail building in the heart of Maynard.
      151 Main St, Maynard, MA 01754
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three contiguous lots, prime location.
    Where is this multifamily property located?
    The property is located at 70 Powder Mill Rd Maynard, MA.
    What are key features of this property?
    This property features: 2.26-acre mixed-use development opportunity in Maynard, MA (01754).; Three contiguous lots (66, 68, & 70 Powder Mill Road) with existing multifamily and retail buildings.; Prime location within Maynard's anticipated overlay district, allowing for diverse mixed-use development (residential, retail, restaurant, office, personal services).
    (978) 346-3098
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    70 Powder Mill Rd Maynard, MA 01754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70 Powder Mill Rd Maynard, MA 01754
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