2-12 Powder Mill RoadActon, MA 01720MLS Number 72849966

  • Price: $13,750,000
  • Est. Mortgage of $/month
  • 95 Days on Market
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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2-12 Powder Mill Road Acton MA 01720
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  • 10.49Acreage

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Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" is comprised of 111,358 square feet, "Building B" totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.
Listed by Anthony Marino of Marino Real Estate Group

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More Info

Parking

  • Total Parking Spaces

Building

  • ImprovementsOther (See Remarks)
  • Entry OnlyNo

Utilities

  • GasOn-Site
  • Electric FeatureOn-Site
  • WaterPublic
  • SewerAt Street, Nearby

Water Body

  • WaterfrontYes
  • BeachfrontNo

Basic Information

  • List Price$13,750,000
  • Date Listed06/15/2021
  • MLS Number72849966
  • MLS StatusActive

Property

  • Acreage10.49
  • Property TypeResidential
  • Road TypePublic, Paved, Publicly Maint., State Road
  • Land DescLevel, Additional Land Available, Scenic View(s)
  • Frontage293
  • Lot39-45
  • Lot Size457079

Photos

  • Photo Date2021-06-15T12:37:00
  • Number of Photos1

Location

  • Building Number2-12
  • StreetPowder Mill Road
  • TownActon
  • StateMA
  • Zip01720
  • CountyMiddlesex
  • DirectionRoute 2 to Route 62 to Powder Mill Road Acton

Amenities

  • Amenities
    • Conservation Area
    • Golf Course
    • Highway Access
    • House of Worship
    • Medical Facility
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Other AmenitiesGolf, Water View, Waterfront

Other

  • Modification Date07/16/2021
  • Assessments9999999
  • DisclosureYes
  • DisclosuresAsking price is minimum target number. Buyers required to verify qualifications, sign Broker/Project NDA per Seller.
  • Parcel NumberJ3,39,42,43,44,45
  • Main LoAN3656
  • Firm Rmk1Additional adjacent acreage in Maynard (109,758sf +/-) available for optional purchase. Not included in current offering price.
  • Update Date2021-07-16T13:33:00
  • View Count29
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Acton, MA Demographics

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Acton, MA Real Estate Market Data

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Acton, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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