Wilbraham Marketplace
1.23 Acres of Commercial Land Offered at $879,888 USD in Wilbraham, MA 01095
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $879,888
- Property Type
-
Land
Listing Contacts
Todd Demers
Verified Profile
- Property Info
Property Overview
$$$ MAKE A MILLION ($1,000,000) This 1.23 acre property with 250 feet of frontage is surrounded by Home Depot, Dunkin, Big Y, and less than a mile from the redevelopment of the Eastfield Mall. Reimagine this property on BOSTON ROAD, with an approved 8400 sq ft Commercial Condo Project (WILBRAHAM MARKETPLACE on RTE 20) with options for up to 7 units @ approximately 1200 sq ft each. The plans are ready for permitting! Two years and $120,000+ in soft costs later, this project is ready to launch for the next savvy investor or developer. By selling the units, and forming a commercial condo association; which creates residual income, this investment, after land, building, and interest expenses during construction, proves a wise investment. Ground Lease Options and a possible partnership for the right investor may be offered. Please see links for more details and breakdown of the numbers. Please Email only questions or offers.
Property Details
- Property Subtype
- Commercial
Highlights
- Heavy Vehicle Traffic
- High Profile Property
- Outparcel
Nearby Properties
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