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2118 Boston Rd - Wilbraham Marketplace

1.23 Acres of Commercial Land Offered at $1,247,215 CAD in Wilbraham, MA 01095

Investment Highlights

  • Heavy Vehicle Traffic
  • Outparcel
  • High Profile Property

Executive Summary

$$$ 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 only Email questions or offers.

Data Room Click Here to Access

Property Facts

Price $1,247,215 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.23 AC

1 Lot Available

Lot

Price $1,247,215 CAD
Price Per AC $1,013,996 CAD
Lot Size 1.23 AC

$$$ 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. This Retail/Office Gem is Ready for permitting.

Description

$$$ 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.

zoning

Zoning Code GB (General Business)
GB (General Business)
  • Listing ID: 32906680

  • Date on Market: 2024-08-21

  • Last Updated:

  • Address: 2118 Boston Rd, Wilbraham, MA 01095

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