$13,750,000 - Waterfront - Golf Course

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

MLS: 72850041   Type: Multi-Family   County: Middlesex   City: Acton   Zip: 01720   Style: 5-9 Family   # Rooms: 99    Stories: 6   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

Basement Concrete
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.
Exclusions Buildings Are Not Included. To Be Built. Land And Approvals Included Only.
Garage Spaces, Detached Garage 99
Garage Y/N Yes
Lot Size Square Feet 457079
Property SubType 5-9 Family
Property Type Residential Income
Sewer Other
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
Total Actual Rent 0
Total Rooms 99
Total Units 99
View Scenic View(s)
View Y/N Yes
Waterfront Features Waterfront, River
Waterfront Y/N Yes
Year Built 2022
Year Built Details Approximate
Yearbuiltsource Owner
Zoning Multi Fam

Interior Features

Fireplace Y/N No
Full Baths 0
Half Baths 0
Total Baths 0
Total Bedrooms 0
Total Fireplaces 0
Total Stories 6

Exterior Features

Building Area Total 99999
Covered Spaces 99
Foundation Details Other
Lot Features Corner Lot, Additional Land Avail., Level
Lot Size Acres 10.49
Lot Size Area 10.49
Lot Size Units Acres
Total Parking 99
Water Source Public

Property Schools

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Property vs Zip Code Avg (01720)

Price 13.7M Avg 13.7M

Sqr Feet 99,999 Avg 99,999

Cost / Sqr Ft $138 Avg $138

Taxes $9,999,999 Avg $9,999,999

Acres 10.49 Avg 10.49

Visits 94 Avg 95

Days on Site 427 Avg 427

Walkscore® 46 Avg 46

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