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223 Main StreetBourne, MA 02532Price: $2,000,000

  • Price: $2,000,000
  • 82 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
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  • $2,000,000List Price
  • 2.99Acreage
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Mixed-Use redevelopment opportunity in the center of downtown Buzzards Bay which includes 193 feet of frontage, 2 curb cuts, 2 water and sewer connections, and 2.99 acres with developable upland outside of the flood zone. The current business on the property, known as the Bay Motor Inn, is still in good condition to be used as seasonal lodging. Includes 14 building structures; 16 motel units (1-2 beds each), main house/office, and barn. Building designs were created by Bracken Engineering to construct 72 condo/apartment units and 2,100 sq ft of commercial space. The units would be 1-3 bedrooms totaling 108 bedrooms. The parcel lies within the Growth Incentive Zone which provides developers incentives, exemptions, and faster permitting processes than other towns. Bracken Engineering has already gone before the Planning Board for a Preliminary Wastewater Allocation Review. The property was approved for 11,985 GPD on 7/28/20, and a large fee was given to reserve allocation for this dev
Listed by Cameron Carbone of RE/MAX Platinum

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