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4-12 Parker StGardner, MA 01440

Worcester County

$1,400,000List price
15,716Sq Ft
1900Year built
0.14Acre lot
2 weeks agoOn market

Description

GROUP SHOWING: Tuesday, October 6th at 10:00am. All interested parties must confirm attendance in advance. Rare opportunity to acquire and complete a significant mixed-use redevelopment project in the heart of Downtown Gardner. This prominent 13,000+ SF historic building has approved plans for 16 residential units and 4 street-level commercial units, offering an investor or developer the opportunity to step into an established redevelopment project with substantial pre-development and early construction work already completed. Residential redevelopment is by-right, with construction design and plans already in place. Considerable work has been completed or advanced, including a new roof, new windows, exterior siding work and significant residential framing. A new utility transformer has also been installed, with electrical supplies and equipment on site. Located within one of Gardner’s federally designated Opportunity Zone tracts and the Downtown Urban Renewal Plan Area, the property is positioned within an area benefiting from continued private reinvestment along with municipal and state-supported economic development initiatives and public improvements. An opportunity to take over a well-advanced redevelopment project and bring 16 new residential units and four commercial spaces to Downtown Gardner. Property and project information is preliminary and subject to buyer verification and due diligence.

Property Information

Property type
Commercial Sale
Year built
1900
Living area
15,716 Sq Ft
Lot size
0.14 acres
Zoning
C1
Days on market
14
MLS® Listing#
73580191

Property Features

Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$11,745Tax year 2026
Parcel number
3536275

Directions

Please follow GPS - use 4 Parker St as a reference.

Listing Courtesy: eXp Realty LLC - 8888547493

Presented by: Candor Investment Group

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