For Sale
$595,000

15 Central St Newbury, MA 01922

Prime 3-acre lot, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3-acre mixed-use property in Newbury, Massachusetts, presents a compelling redevelopment opportunity for both investors and owner-occupants. Located at 15 Central St, 01922, this vacant lot boasts a substantial 1,728 square feet and is zoned Commercial Highway (Com Hwy), allowing for a variety of commercial uses either by right or with a special permit. A 2009 survey is available for review. The existing structure, a three-story building constructed in 1850, offers potential for renovation or demolition. The property's classification is C, and its residential subtype allows for the possibility of a two-family dwelling, either by right or special permit. The asking price is $595,000. Given its size and zoning, this property is ideal for developers seeking a mixed-use project. The property's convenient location provides excellent highway access. Note that the seller makes no representations, and prospective buyers are responsible for conducting their own due diligence. The property is currently vacant with an occupancy date of September 19, 2024.

Highlights

  • Oversized 3-acre lot.
  • Mixed-use zoning (Com Hwy) allows for various commercial uses, potentially including a two-family dwelling.
  • Excellent highway accessibility.

Property Details for 15 Central St

Property type
Mixed-use properties, Land
Square Feet
1,728 SF
Class
C
Year Built
1850
Buildings
1
Stories
3
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Newbury
County
Essex
State
Massachusetts
Latitude
42.7581062
Longitude
-70.9449663

FAQs

What type of property is this?
Mixed-use property - Prime 3-acre lot, redevelopment opportunity.
Where is the mixed-use property located?
The property is located at 15 Central St Newbury, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Oversized 3-acre lot.; Mixed-use zoning (Com Hwy) allows for various commercial uses, potentially including a two-family dwelling.; Excellent highway accessibility.
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.
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15 Central St
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