49 & 57 Floral St
- -VC3 Overlay District Zoning
- -Perfect for a residential redevelopment
- -14,376 SF Lot
- -Abuts Newton Highlands T Station
- -Located in the heart of the Newton Highlands Village
Property Description
Uniquely located in Newton Highlands Village at the corner of Floral and Walnut Streets. Steps to shops, restaurants, and the MBTA Green Line. Located within the newly adopted VC3 Village Center Overlay which allows higher-intensity village housing. The two abutting parcels cover 14,376 sq ft. The rare corner location and "By-Right" development opportunity with no special permit requirement is being offered primarily as a development opportunity, with zoning that allows mixed use -multifamily development by right. Respondents will find ample footprint coverage, minimal front/side setbacks, and up to 4.5 story building heights. Buyer to verify all zoning/use, parking, and compliance requirements. An excellent opportunity for investors, or future redevelopment. There are multiple options for value-add development withing the VC3 zoning.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 1 |
| Year Built: | 1880 |
| Lot Size: | 0.33 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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