115 West Main Street
Property Description
Kelleher & Sadowsky Associates, Inc. proudly presents the remarkable development opportunity known as Singletary Arms, situated in Millbury, MA. This historic mill property showcases unparalleled architectural charm, reflective of a bygone era impossible to replicate today. Originating during the industrial revolution, it holds a storied past steeped in textile manufacturing and served as a production hub for the America Revolution-era Massachusetts Spy newspaper. With permits secured for 180 residential units and over 6,000 square feet of commercial space, including two newly constructed buildings positioned behind the mill, the site is primed for transformative development. The approved plans also call for 18 affordable units set at 80% of the area median income. The demand for housing of this caliber is exceptionally high, especially given its proximity to Worcester, the second largest city in New England. Worcester's rental market, recently ranked as the third tightest in the nation, underscores the significance of this opportunity. Nestled in the highly coveted West Millbury area, the property offers seamless connectivity, mere minutes from Route 146 and a commuter's paradise with effortless access to the Mass Pike, Routes 20, 120, 290, and 395. With full approval in hand, this represents a rare gem in today's development landscape. For further details, please don't hesitate to reach out to us.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 180 |
| Lot Size: | 12.33 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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