17-Unit Multi-Family Permitted Development

Investment Overview

Permitted Development Opportunity                                                                                                  

Located at 179 Thayer St, Millville, MA is a 31-acre site that offers a rare opportunity for residential developers and investors.  This site offers a quiet scenic setting with wooded areas and open space, yet in a convenient location, near local amenities with strong demand for quality housing with easy highway access to Worcester & Providence metros. Unlock the potential of this Millville development. The owner has completed and permitted two sets of plans for this site. 

Scenario One                                                                                                                                                              

A permitted 17-Unit Multi-Family Project, see the attached plan. Zoned for Multi-Family Housing. There will be eight (8) duplexes and one single to utilize one well and septic system per building.  The developer will be able to adapt their vision to finalize plans for unit sizing, approval and condominium document for this construction year.

Scenario Two  

A permitted 17 parcel sub-division, see the attached plan with most lots above the minimum acreage providing an abundant amount of wooded privacy. This scenario will allow the developer to phase the project in 3-4 trenches, thereby completing pre-sales to improve cash flow to address the completion of infrastructure components. i.e. road, well, septic, wetland crossings and utilities. 

The Seller would consider a JV partnership that could jump start construction this year. Contact us today to explore the potential!  

Call/contact:

•  Duncan Chapman 978-621-1290 Duncan@kw.com 

• Chuck Vaciliou 781-953-2939 CVaciliou@erland.com

Highlights

Prime Permitted Development Opportunity: 17-Unit Multi-Family Residential Project – 179 Thayer St, Millville, MA

31 Acres of Vacant Land – Zoned for Multi-Family Housing

Unlock the potential of this expansive 31-acre parcel in Millville, MA, ideally suited for a 17-unit multi-family residential development. Located in a growing community with easy highway access, this land offers a rare opportunity for developers and investors.

Key Highlights:
Prime Location – Quiet yet convenient, near local amenities & major routes
Strong Demand – Growing need for quality housing in the area
Flexible Zoning – Ready for your vision (plans & approvals in progress)
Scenic Setting – Wooded areas & open space for a desirable residential feel

Contact us today to explore the possibilities! Call Now for Details!