46 Chapel St - Residential LAND FOR SALE


Cherry Valley, MA 01611 1,293,732 SF
$2,490,000 USD
508-868-2331
46 Chapel St, Cherry Valley, MA for Sale
$2,490,000 USD
Residential LAND - FOR SALE
1/1
1,293,732 SF

46 Chapel St
Cherry Valley, MA 01611


HIGHLIGHTS

  • Fully entitled, shovel-ready senior housing development site
  • All zoning, Special Permit, and Conservation approvals in hand
  • Approved for 88 units on approximately 29.7 acres
  • Environmental and geotechnical due diligence completed
  • Route 9 location with immediate access to I-290, I-90 (Mass Pike), and Route 146
  • Under 15 minutes to Downtown Worcester and under 1 mile to the Worcester town line

OVERVIEW

Permitted land in Leicester for 88 senior housing units. NAI Parsons Commercial Group is pleased to present 46 Chapel Street in Leicester, Massachusetts, a ±29.7-acre shovel-ready development site with approvals in place for an 88-unit senior housing community. The property offers frontage along Chapel Street, near the intersections of West Street and Old Main Street, and is located approximately one mile from the Worcester town line. The site provides convenient regional access to Route 9, I-290, I-90 (Mass Pike), and Route 146, and is within minutes from Downtown Worcester, Worcester Regional Airport, Webster Square Plaza, Auburn Mall, and other major retail and community amenities. 45 minutes to Boston Logan International Airport and T.F. Green International Airport in Providence. The site benefits from completed environmental and geotechnical due diligence, including soil testing and Eco-Tech review. Conservation Commission approval has been obtained, with minor wetland areas fully addressed in the approved development plans. Municipal water and sewer surround the property and are incorporated into the plans, allowing for extension and connection as part of construction. Zoned Business, with the senior housing use permitted by Special Permit, the property offers a clear development path and an accelerated timeline in a market with limited supply of senior housing development sites.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/ACRE

$83,838/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

29.7 AC

LAND SF

1,293,732 SF

OFFSITE IMPROVEMENTS

-

ZONING

B

APN/PARCEL ID

LEIC-000023-A000002

ASK ABOUT THIS PROPERTY

Matt McDonaldNAI | Parsons Commercial Group - BostonMore Info
508-868-2331

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Matt McDonaldNAI | Parsons Commercial Group - BostonMore Info
508-868-2331

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