68 Powder Mill Rd Maynard, MA 01754
- High-rise multifamily apartments
Current Use by Public Records
- High-rise multifamily apartments
Property Details for 68 Powder Mill Rd
- Property type
- High-rise multifamily apartments
Description
This exceptional 2.26-acre development opportunity in Maynard, Massachusetts, presents three contiguous lots at 66, 68, and 70 Powder Mill Road. Currently housing multi-family and retail spaces, this property is ideally situated within Maynard's anticipated overlay district, offering unparalleled flexibility for mixed-use projects. The zoning allows for a diverse range of developments, including residential, retail, restaurant, office, and personal services. Special permits may even allow for hotels and other unique ventures. Located along the scenic Assabet River in Middlesex County, this location is not only evolving but is at the heart of Maynard's growth. The strategic positioning within the overlay district provides increased zoning flexibility, making this a multifaceted investment opportunity in a thriving community. This rare offering of three contiguous lots provides a unique chance to shape a thriving neighborhood and capitalize on Maynard's upward trajectory. The combined acreage offers significant potential for a large-scale development project, catering to a variety of uses and maximizing investment returns. This is a truly exceptional opportunity for developers seeking a prime location with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maynard
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4436886
- Latitude
- 42.4370491