937 North Street, Tewksbury, MA 01876
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$2,200,000
3.16 Acre
Commercial
1 Lot
Zoning: N/A
HOA: N/A

Property Description

DEVELOPMENT OPPORTUNITY - The Residences of 937 North Street is a proposed commercial hotel project that is approved for the occupancy of the land. However, the flexible zoning allows numerous other options for this development site including, but not limited to, an athletic facility, an office building, or a biotech/research & development center. With a first-floor footprint of 18,417 S.F. and approximately 92,000 S.F. of total usable area,  this contemporary building will be located at 937 North Street, Tewksbury MA 01887. The Residences of 937 North Street is a state-of-the-art 5 story 132 room hotel. Wood framed and stone veneer, the hotel blends today's modern style architecture while contributing to the tradition, character, and history of Tewksbury.  The complex features an inground swimming pool, conference center, and 142 off-street parking spaces, which would be more than adequate to service the guests.  Located off Exit 94 of Route 495.

Property Details tap to expand

Land Information

  • Land Description: Cleared|Corner|Easements|Gentle Slope|Level
  • Amenities: Conservation Area, Golf Course, Highway Access, Public School, Public Transportation, Shopping
  • Improvements: Curbs & Gutters, Lot Staked, Rough Graded
  • Road Type: City Street, Paved, Public, Publicly Maint., Sidewalk
  • Pasture Acres: 0.00
  • Cultivation Acres: 0.00
  • Timber Acres: 0.00

Utilities

  • Water: At Street, Community Well, Individual Well, Nearby, Private Water, Public
  • Sewer: At Street, Inspection Required for Sale, Nearby, Public, Pumice Wick, Rock/Reed
  • Sewer District: Tewks
  • Electric Info: 220 Volts, At Street, Fuses, Nearby
  • Gas: Nearby

Other Information

  • Last Updated: 04/30/24
  • Documents on File: Aerial Photo, Association Financial Statements, Feasibility Study, Land Survey, Legal Description, Limited Information, Master Deed, Site Plan
  • PERC Test: U
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/30/2024Active$2,200,000MLSPIN
04/26/2024New$2,200,000MLSPIN

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Seller's Representative: John Bulman, Brad Hutchinson Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-30 03:05:00