$13,750,000 - Waterfront - Golf Course

$13,750,000 2-12 Powder Mill Road Acton, MA

MLS: 72849966   Type: Land   County: Middlesex   City: Acton   Zip: 01720   Style: Level,Additional Land Available     Taxes: $9,999,999

Mortgage $64,554 /mo



Half Baths

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Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" is comprised of 111,358 square feet, "Building B" totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.

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Price History

4/22/2022 Listed $13,750,000

Building Area Units Square Feet
City Acton
Community Features Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
County Middlesex
Directions Route 2 to Route 62 to Powder Mill Road Acton
Disclosures Asking Price Is Minimum Target Number. Buyers Required To Verify Qualifications, Sign Broker/Project Nda Per Seller.
Electric On-Site
Gas Y/N On-Site
Lot Size Square Feet 457079
Property SubType Residential
Property Type Land
Sewer At Street, Nearby
Showing Instructions Call List Agent, Call Or Text Listing Broker Anthony Marino @ 617.699.6098. Email Themarinogroup@gmail.Com For Info
Standard Status Active
Status Active
Street Name Powder Mill Road
Tax Annual Amount 9999999
Tax Lot 39-45
Tax Year 2021
TaxAssessedValue 9999999
View Scenic View(s)
View Y/N Yes
Waterfront Features Waterfront, River
Waterfront Y/N Yes
Zoning Multi Fam

Interior Features

Electric On Property Y/N Yes
Total Baths 0

Exterior Features

Frontage Length 293.00
Lot Features Level, Additional Land Available
Lot Size Acres 10.49
Lot Size Area 10.49
Lot Size Units Acres
Road Frontage Type Public, State Road
Road Responsibility Public Maintained Road
Road Surface Type Paved
Water Source Public

Property Schools

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Property vs Zip Code Avg (01720)

Price 13.7M Avg 5.97M

Taxes $9,999,999 Avg $3,346,548

Acres 10.49 Avg 6.43

Visits 184 Avg 67

Days on Site 427 Avg 176

Walkscore® 44 Avg 44

Data Provided by Walkscore ® not using MLS data

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Listed By: Anthony Marino with Marino Real Estate Group.

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA