188 Lafayette Rd - Commercial LAND FOR SALE


Salisbury, MA 01952 77,972 SF
$1,390,000 USD
617-852-7052
188 Lafayette Rd, Salisbury, MA for Sale
$1,390,000 USD
Commercial LAND - FOR SALE
1/9
77,972 SF

188 Lafayette Rd
Salisbury, MA 01952


OVERVIEW

Address: 188 Lafayette Rd (Route 1) Salisbury MA 01952 Lot Size: 1.79 Acres (77,972 Square Feet) Utilities: Town Water, Sewer tie-in available, Gas available Frontage: 324 Feet on Route 1 / Lafayette Rd Zoning: LMB. LM-B Lafayette Main District B Overlay: Marijuana Overlay District Parking: Over 100 existing parking spaces on-site, a significant asset for any commercial or mixed-use development. Visibility: High Visibility and Traffic Count Existing Buildings: Restaurant Building ~ Approximately 8,066 sf. Residential Building ~ Approx. 1,476 sf Location: Minutes from Route 95 Highway Access: Minutes from major routes: I-95, I-495, and Route 286 Enhancements: Lafayette Rd Infrastructure Improvements: New water and sewer lines, dedicated bike lanes, sidewalks, and two new roundabouts within a .05-mile in both directions, etc. Opportunity Uses: Many and varied uses allowed by right Development Possibilities include Restaurant, Brew Pub, Retail, Multi-Family Housing, 40B Development, Mixed-Use Projects, R & D Laboratories, Professional/Business Offices, Educational Facilities, Religious Organizations, and more! Building Potential: Building height up to 3 Stories or 45 Feet by right, allowing for significant vertical development. Cannabis Zoning: Marijuana Related Business Overlay District and Zoning This is a rare opportunity to acquire a substantial parcel of land in a prime location on Route 1 in Salisbury. The flexible LM-B zoning, significant frontage, existing infrastructure, and recent public improvements make this an ideal site for a wide range of commercial and residential development projects. The property benefits from high traffic counts, excellent regional access, and the ongoing revitalization of Lafayette Rd. corridor.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/ACRE

$776,540/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Visibility-Frontage-Cannabis Overlay

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Restaurant

LAND ACRES

1.79 AC

LAND SF

77,972 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone

ZONING

LM-B

APN/PARCEL ID

SALI-000023-000000-000043

ASK ABOUT THIS PROPERTY

Linda HoullahanJacob RealtyMore Info
617-852-7052

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Linda HoullahanJacob RealtyMore Info
617-852-7052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.