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320 Ayer Road, Harvard, MA

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320 Ayer Road

Harvard, MA 01451 - Fitchburg/Leominster Submarket

Property Type:Land Parcel Size:23 Acres
For Sale Price:$1,500,000 Price/Acre:$65,217 Price/SF:$1.50

Proposed Use:-

On-Site Improv:-

Sale Notes:
• Ayer Road Special Permit District Zoning allows mixed use:
- office/lab/retail/light industrial and residential
- Residential incentive for negotiated number of moderate-income units
• Land value is increased by factors limiting potential competing development:
Very small portion of Harvard land is zoned Commercial
Wastewater treatment limitations:
- no prospect of town sewer service
- poor percolation rates of soil throughout the area
- local choice of the most stringent of Title 5 requirements
• State Groundwater Discharge Permit program for on-site wastewater treatment is
only for large projects and requires a large investment in both time
and capital.
The project’s 11,500 gallon per day approval supports
-- 135,000 square feet of office,
-- a larger area if flex space or retail
-- 55 two bedroom residential units

The Stubblebine Company
Rob Stave
(781) 862-6168

David Stubblebine
(617) 592-3391

James Stubblebine
(617) 592-3388

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