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    66-68-70 Powder Mill Rd, Maynard, MA 01754

    1.7 ac lot Built 1900
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Year built 1900
    Lot 1.7 ac (74,052 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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