W Broadway
- 16 dwellings totaling 32 approved townhome units
- 16 separately recorded lots served by a dedicated subdivision road
- Public sewer and public water
- Public road access via Compass Lane, a recorded right-of-way with the City of Gardner
- Rezoned to GR-3 (General Residence), the least restrictive residential district in Gardner, from prior Commercial II designation
- Subdivision approvals and zoning fully completed and recorded
- Shovel-ready with only final MassDOT access permit approval outstanding
- Approximately seven lots may be eligible for additional units subject to municipal review
- Additional 11 contiguous acres included for future expansion potential
Property Description
Glickman, Kovago & Jacobs is pleased to exclusively offer for sale a fully entitled, shovel-ready -6 acre approved subdivision for 16 duplex buildings totaling 32 townhome units, together with an additional 11 contiguous acres available for future development. The property has been rezoned to GR-3 (General Residence), the least restrictive residential district in the City of Gardner. The current ownership successfully petitioned the City to rezone the property from its prior Commercial II designation, unlocking the residential density that supports the approved 32-unit subdivision. The subdivision approvals, zoning, and recorded lots are all in place, with the only remaining pre-construction item being final MassDOT access permit approval. The combination of completed entitlements, public infrastructure, recorded zoning, and an additional 11 acres of contiguous development land positions this offering as a multi-phase platform investment in a supply-constrained Central Massachusetts submarket. The opportunity is well suited for build-to-rent operators, regional residential developers, and merchant builders seeking immediate execution with long-term optionality. Select lots within the approved subdivision may be eligible for additional units subject to municipal review, providing a meaningful value-add component to the base offering.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,875,000 |
| Lot Size: | 3.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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