For Sale
$975,000

1071 Main StWoburn, MA 01801

Prime Woburn location, R-2 zoned, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Woburn, Massachusetts. Located at 1071 Main Street, this property is zoned R-2, allowing for a variety of development options including single-family homes, assisted living facilities, or apartment complexes, subject to obtaining the necessary permits. The site benefits from its inclusion in the Upper Main Street Overlay District (2010), which permits the construction of up to 57 luxury condominiums. Its strategic location across from Ledges at Woburn, a 168-unit residential development, ensures high visibility and access to a substantial existing residential population. While environmental remediation is required, significant progress has already been made. An estimated $1.2 million has been committed by the Mass DEP and EPA towards the estimated $4.5 to $5.3 million total cleanup cost. Furthermore, the property enjoys convenient access to major transportation routes, situated just 1.5 miles from Route 128 exit 53, providing easy commutes for residents and employees. The area boasts numerous nearby amenities, enhancing the overall appeal and potential for development. This is a rare opportunity to acquire a sizable, well-located parcel with significant development potential in a thriving Massachusetts community. The property is offered at $975,000. The zip code is 01801, and the property is located in Middlesex County.

Highlights

  • 4.5-acre commercial land parcel in Woburn, MA (01801), Middlesex County, zoned R-2, allowing for single-family homes, assisted living, or apartments (with permits).
  • Upper Main Street Overlay District (2010) permits up to 57 luxury condominiums.
  • High visibility location across from a 168-unit residential development.
  • Environmental remediation underway; $1.2 million of estimated $4.5M-$5.3M cleanup cost already funded by Mass DEP and EPA.
  • 1.5 miles from Route 128 exit 53.
  • Numerous nearby amenities.

Property Details for 1071 Main St

Property type
Land
Lot Size (sq. ft)
196,020 SF

Location Insight

City
Woburn
County
Middlesex
State
Massachusetts
Latitude
42.5182314
Longitude
-71.1588317
1071 Main St, Woburn, Massachusetts

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1071 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message