Main St Orange, MA 01364

Property Details for Main St

Year built

1850

Lot size

0.84 lot acres

Property type

Commercial real estate

Description

Located in the heart of Orange, MA's downtown, this exceptional redevelopment opportunity encompasses two magnificent three and four-story brick buildings situated on a 0.84-acre lot. These properties, boasting significant square footage and stunning historic architecture, present a unique chance to reshape a key area within an Opportunity Zone. The versatile nature of these buildings lends itself to a multitude of uses, including mixed-use developments incorporating residential and retail spaces, modern office complexes, or even vibrant cultural centers. Their prime location on the Millers River adds to their appeal, further enhanced by proximity to a large parcel currently undergoing environmental cleanup and another significant upcoming downtown project. The potential for substantial cost savings exists through the possibility of utilizing Historic Tax Credits for rehabilitation. Furthermore, the Orange Economic Development & Industrial Corporation (EDIC) is actively involved and committed to streamlining the permitting and approval processes, significantly reducing potential hurdles for developers. This presents a compelling investment opportunity for experienced developers seeking to contribute to the revitalization of Orange's downtown area and capitalize on the significant potential of these iconic structures. The asking price is $165,000.

Location Insight

City

Orange

County

Franklin

State

Massachusetts

Longitude

-72.3097

Latitude

42.5906