Rare opportunity to buy 17.6 acres of Commercial Land Zoned CB (Central Business) in prime location Public Water and Sewer Available.
About 7 Acres is usable land. Rest of it is in Wetlands. Wetlands can ,however, be sold to other developers by establishing conservation easements over the wetlands.
Uses Permitted include Retail, Day Care Center, Montessori School, Hotel, Restaurant, Offices and Clinics for Physicians and Dentist, Places of Worship, Indoor Recreation Facility, Parking Lot, Parking Garage, and many other uses. Mini Warehouses can be permitted by a special exception.
Seller can consider a Ground Lease or Short Term Financing. Low assessed value shown in the listing is due to the fact that the seller has put the land in Forest Conservation District. Once the land is taken out of it for development, the assessed value is estimated to be around $700,000. This Parcel has access from Holly Lane and it is adjoining the rear property line of Festival Shopping Center, No Sign on the property.
Courtesy of: First American Real Estate Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 6th February, 2023 9:18 AM (UTC)