66-68-70 Powder Mill Rd Maynard, MA 01754
- Investment properties
- 1.70 lot acres
Current Use by Public Records
- Investment properties
Property Details for 66-68-70 Powder Mill Rd
- Year built
- 1900
- Lot size
- 1.70 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity encompasses three contiguous lots totaling 2.26 acres along the picturesque Assabet River in Maynard, MA. The property includes three existing commercial/multifamily buildings, presenting a unique blend of immediate income potential and significant long-term development upside. Located within Maynard's planned overlay district, this site offers unparalleled potential for a mixed-use development, capitalizing on the high traffic count and the desirability of a riverfront location. The existing structures provide immediate revenue streams while the zoning allows for increased density, paving the way for a larger-scale project incorporating retail and residential components. The 1.7-acre lot size provides ample space for expansion and development. The property's strategic location offers easy access to numerous area amenities, all within convenient walking distance, enhancing its appeal to both residents and businesses. This is a rare chance to acquire a substantial holding in a thriving Massachusetts town poised for significant growth. The asking price for this exceptional property is $3,100,000. The address is 66-68-70 Powder Mill Road, Maynard, MA. This is a truly remarkable opportunity for investors seeking a high-return, mixed-use development project in a desirable location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maynard
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4532
- Latitude
- 42.4302
