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$ 1,400,000
Est. payment /mo
New
4-12 Parker St Gardner, MA 01440
12 Beds
20 Baths
15,716 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 15,716 sqft
Price per Sqft $89
MLS Listing ID 73575841
Bedrooms 12
Full Baths 20
Year Built 1900
Annual Tax Amount $11,745
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
Rare opportunity to acquire and complete a significant mixed-use redevelopment project in the heart of Downtown Gardner. This prominent 13,000+ SF historic building has approved plans for 16 residential units and 4 street-level commercial units, offering an investor or developer the opportunity to step into an established redevelopment project with substantial pre-development and early construction work already completed.Residential redevelopment is by-right, with construction design and plans already in place. Considerable work has been completed or advanced, including a new roof, new windows, exterior siding work and significant residential framing. A new utility transformer has also been installed, with electrical supplies and equipment on site.Located within one of Gardner's federally designated Opportunity Zone tracts and the Downtown Urban Renewal Plan Area, the property is positioned within an area benefiting from continued private reinvestment along with municipal and state-supported economic development initiatives and public improvements.An opportunity to take over a well-advanced redevelopment project and bring 16 new residential units and four commercial spaces to Downtown Gardner. Property and project information is preliminary and subject to buyer verification and due diligence.
Location
State MA
County Worcester
Zoning C1
Direction Please follow GPS- use 4 Parker St as a reference.
Rooms
Basement Unfinished
Interior
Heating Other
Exterior
Community Features Sidewalks
View Y/N Yes
View City View(s)
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot, Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by eXp Realty LLC
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