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Property profile & analytics
FOR SALE
Investment properties

70 Powder Mill Rd Maynard, MA 01754

2,081 SF 1.06 ac lot Built 1900
Individually Owned 17-yr Hold Free & Clear
Property ID
US38-1409620
Property summary
AI-generated overview

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 profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 2,081 SF
Lot 1.06 ac (46,174 SF)
Zoning code B
APN MAYN M:010.0 P:101.0
UPID US38-1409620
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
Current use
Occupant on record · Public records
  • Hawes Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tomyl,victor A Tr · 17 yrs held
Tomyl,victor A Tr
since 2009
1 recorded transaction
2009
$1
Zoning & alternative use
B · Maynard, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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