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20489878
20489879

115 W Main St, Millbury, MA 01527

CN
MA 9554247
Kelleher & Sadowsky Associates Inc
JU
MA 7​2​1​2​5
Kelleher & Sadowsky Associates Inc
ML
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc
$5,850,000
596 days on market
Updated 40 days ago

Singletary Arms

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 62,244
Units 180
Year Built 1800
Buildings 1
Stories 3
Acreage 12.330
Investment Type Redevelopment

Residential/Commercial Development Opportunity | 62,244 SF

Marketing 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 to-be constructed buildings elevated behind the existing structure, 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. The sale also includes the parcels at 119 West Main Street, and 3 & 4 Burbank Street.

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.

Listing Contacts

CN
MA 9554247
Kelleher & Sadowsky Associates Inc
JU
MA 7​2​1​2​5
Kelleher & Sadowsky Associates Inc
ML
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc

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