Please contact Tyler or James for details.
128 CRE is pleased to present a unique opportunity to acquire 72, 76, and 84 Woodland Street in Methuen, Massachusetts (the “Property”), a ±10-acre assemblage offering significant potential as a redevelopment site and/or owner-user campus.
The Property consists of three parcels, including a ±9,313 SF commercial building at 76 Woodland Street and two single-family residences at 72 and 84 Woodland Street. The existing improvements provide immediate occupancy potential while also offering a compelling opportunity for repositioning or redevelopment.
Given its scale, frontage, and layout, the site is well-suited for a variety of end users, including healthcare providers, religious organizations, educational institutions, and other groups seeking a campus-style environment. Alternatively, investors and developers can capitalize on the site’s size and configuration to unlock long-term value through a comprehensive redevelopment strategy.
The Property is currently zoned RD (Single Residence), with abutting parcels zoned BL (Business Limited), presenting a potential pathway for future rezoning or repositioning. This dynamic creates the opportunity to pursue a larger-scale residential development, including multifamily or senior housing, potentially via a Chapter 40B structure.
This rare offering combines near-term functionality with long-term upside, making it an attractive opportunity for both owner-users and value-add investors seeking scale and flexibility in the Merrimack Valley.