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$ 759,000
Est. payment | /mo
1.23 Acres Lot
$ 759,000
Est. payment | /mo
1.23 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73277268
HOA Y/N false
Annual Tax Amount $3,981
Tax Year 2024
Lot Size 1.230 Acres
Acres 1.23
Property Description
Visible central location in Dracut town center, with special overlay district allowing for residential and commercial development. These two adjoining parcels total 1.23 acres. Second adjacent lot is 12 Arlington Avenue. Uses per zoning analysis may include 7,500 square feet of commercial (office or retail) as well as five (5) connected residential apartments or condominiums. See build out summary, attached, all subject to permitting. The two-story wood frame building currently on the property is unoccupied and sold “as is.” The property is within the Dracut Center Neighborhood Overlay District. The underlying district is the R-3 residential district. The purpose of the Dracut Center Neighborhood Overlay District (DCNOD) Bylaw is meant to encourage development of mixed development appropriate for a town center.
Location
State MA
County Middlesex
Zoning R3-DCOD
Direction Head NE on Bridge St. Right on Route 113. Property is 0.2 Miles on right.
Exterior
Community Features Public Transportation, Shopping
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by The Edge Group, Inc.
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Steve O'Bryan
REALTOR® | Lic# RES.0046708 | 1001854-RE-RS