Est. Mortgage: $/month
MLS Number 72429589
- Land Commercial
- Acreage 1.74
Business opportunity beckons! Zoned for Professional and Research Park (PRP), the current lot could BY RIGHT (ANR) be subdivided from 159 Old Belchertown Rd, 1.74 A parcel used now as a multi-family. The up to 1A subdivided parcel, with a new access from Research Drive, would provide an attractive environment for office, research and low intensity, industrial activities, as well as for non-profit educational ones. However, the pre-existing, residential use is also protected. By special permit, the Zoning Board of Appeals could approve: 1) this non-conforming use, and others listed bet. 5.1.1 to 5.1.9 (i.e., medical office, parking, etc.) or 2) by site review (SPR): developments allowed as cited bet. 5.2.1 & 5.2.14 (i.e., kindergarten, service bldg. for UMASS or Colleges). Seller offers Option to Buy good for 6 months with a $5000 premium & an extension for another 6 months for $2500. Purchase price will be reduced by same amount, if sale completed. Buyer pays cost of Town permitting.
Listed by Sally Malsch of 5 College REALTORS®