406 Middlesex Road, Tyngsborough, Massachusetts 01879

$17,500,000

Listing agent Chris Hannon from Keller Williams Realty-Merrimack

List Price
$17,500,000
MLS#
72567865
Lot Size
2,366,614
County
Middlesex
Status
ACTIVE

Property Description

High Density Residential Opportunity - Opportunity to own one of the last remaining undeveloped land sites in a major business, retail and entertainment zone. Great location with easy access to Route 3, situated between exits 35 & 36 adjacent to a retail development with national retail, entertainment, and restaurant chains. This property is part of a major retail strip extending 3 miles from Tyngsborough into Nashua, NH and is located across the street from the Pheasant Lane Mall. The property being offered is a combination of 3 lots with 31.2 & 23.13 acres separated by overhead electric lines owned by New England Power Co. and may be linked with an easement. Potential uses with zoning change - High Density Housing, Assisted Living, Mixed Use, etc. NOTE: The published sale price is the minimum and is based on an estimated 350 high density residential units at $50K per unit. Actual price to be increased per unit approved over 350.

Additional Information

Days on Market
54
Taxes
$29,918
Amenities
Shopping, Golf Course, Highway Access
Acres
54.33
Disclosures
Existing lease to Sprint Spectrum in place with access easement. The property being offered is a combination of 3 lots with 31.2 & 23.13 acres separated by overhead electric lines owned by New England Power Co. and may be linked with an easement.

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