New Commercial Development Opportunity

114 Mendon Street Hopedale, MA 01747

114 Mendon Street, Hopedale, MA, 01747
Route 16 Hopedale Development Site
114 Mendon Street, Hopedale, MA, 01747 114 Mendon Street, Hopedale, MA, 01747 114 Mendon Street, Hopedale, MA, 01747 114 Mendon Street, Hopedale, MA, 01747
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jun 01, 2023

Highlights

  • Phase I Completed, Geotechnical Studies Completed, Traffic Study Completed & Sample Concept Plans & Renderings Available
  • Multiple uses allowed including but not limited to retail, office and industrial and more!
  • Highly visible corner lot at a lighted intersection.
  • 262'± of frontage on Route 16 (142'± on Hopedale Street).
  • Traffic Counts - 12,500 ADT - Projected approximately 1% growth per year, due to the increase in commercial activity, zoning changes and its proximity to medical facilities and new major commercial centers.
  • Superior location for any retailer looking to get into an underserved market with strong and increasing demographics.
  • The site is prominently located at the entry to the Route 16 central mass corridor.
  • The property is located half mile from Milford Regional Medical Center and the Dana Farber/Brigham & Women's Cancer Center.
  • Area amenities include: Mendon Twin Drive, Southwick’s Zoo and more.
  • Situated 40 miles west of Boston, 25 miles east of Worcester and 30 miles north of Providence, Rhode Island.

Description

An exciting commercial opportunity available on Route 16! Ready to become a signature location at the lighted intersection of Route 16 and Hopedale Street. The property consists of three parcels totaling 0.85± acres and all zoned GB-A (General Business-A). Site is "shovel ready." Buildings on site have been demolished and utilities (town water and sewer) are in place.

114 Mendon Street: 0.248± Acres (10,794± SF)
122 Mendon Street: 0.400± Acres (17,424± SF)
138 Hopedale Street: 0.202± Acres (8,786± SF)

Intersection of Route 16 and Hopedale Street. The property is less than 1 mile from the Milford Regional Medical Center.

Lot Size: 0.85 acres


Documents

114 Mendon Street (Route 16) Hopedale Development Sale Brochure

Map of 114 Mendon Street, Hopedale, MA, 01747

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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