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Land For Sale • 3 AC
250B Turnpike Road presents a rare opportunity to acquire an approved residential development site in Southborough, Massachusetts. The project has received Comprehensive Permit approval for a 32-unit townhouse-style rental development consisting of 28 two-bedroom units and 4 three-bedroom units, for a total of 68 bedrooms. Eight units, representing 25% of the project, are approved as affordable units restricted to households earning up to 80% of area median income. The approved concept provides a desirable townhouse-style rental product in the strong MetroWest residential market, with convenient access to Route 9 / Turnpike Road, I-495, the Massachusetts Turnpike, nearby retail, services, office parks, and regional employment centers.
| Approved 32-unit 40B residential development opportunity |
| 25% affordable component, consisting of 8 affordable units at 80% AMI |
| Close proximity to Route 9, I-495, the Mass Pike, retail, services, and offices |
| Due diligence materials available, including recorded Comprehensive Permit, civil/site plans, septic plans, and lot/property division materials |
| 28 two-bedroom units and 4 three-bedroom units (68 total bedrooms) |
| Approved plans contemplate municipal water, private septic, stormwater infiltration, and underground utilities |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Southborough (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 5 min | - | 2.3 mi |
| Ashland (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 17 min | - | 7.0 mi |
| Airport | Drive | Walk | Distance |
| Worcester Regional | 34 min | - | 19.5 mi |
| General Edward Lawrence Logan International | 42 min | - | 30.5 mi |
Eric Norrman
Ferris Development Group, LLC
Eric Norrman
Ferris Development Group, LLC
