32 Worcester RdCharlton, MA 01507

For Sale
$699,978
Two-building apartment complex, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 1.1-acre parcel in Charlton, Massachusetts, zoned for mixed use. The property, located at 32 & 34a Worcester Road, includes two multifamily buildings and offers 25 parking spaces. Situated on the corner of Gillespie Road and Route 20, this prime location boasts high visibility and daily traffic exceeding 26,000 vehicles. Its proximity to a major highway and a new, large Amazon distribution center further enhances its appeal. The property is subject to a ground lease. The current configuration offers multiple potential uses, including drive-through options, making it ideal for a franchise or independent business seeking high traffic exposure. This property presents a unique blend of residential income and significant commercial potential, making it an attractive investment in a rapidly developing area. The existing multifamily buildings provide immediate cash flow, while the zoning allows for a variety of future development possibilities. This is a rare opportunity to acquire a strategically located property with significant upside potential in a thriving market. The property is located a quarter mile from a new $390 million Amazon distribution center and minutes from major roadways.

Highlights

  • $699,978 asking price.
  • 1.1-acre lot, mixed zoning.
  • 25 parking spaces.
  • Multifamily apartment building with ground lease.
  • Located at 32 Worcester Rd, Charlton, MA 01507.

Property Details for 32 Worcester Rd

Property type
Land, Apartment buildings
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Charlton
County
Worcester
State
Massachusetts
Latitude
42.145393209111
Longitude
-71.988337040701
32 Worcester Rd, Charlton, Massachusetts

FAQs

What type of property is this?
Land - Two-building apartment complex, high traffic location.
Where is the land located?
The property is located at 32 Worcester Rd Charlton, MA.
What is the asking price?
The asking price for this property is $699,978.
What are key features of this property?
This property features: $699,978 asking price.; 1.1-acre lot, mixed zoning.; 25 parking spaces.
How can I contact the broker?
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32 Worcester Rd
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