Overview
- Updated On:
- October 3, 2024
Description
An exceptional investment opportunity is available in Newbury. Situated in Newbury and Southwest Middlesex, this 69.755-acre organic farmland offers 30 acres workable farmland. The property is adjacent to a residential subdivision with direct access from Tucker St. Noteworthy features include a substantial 100 x 50 ft metal shop with high ceilings, insulated walls, and a metal roof. It encompasses three 14 ft high x 12 ft wide overhead doors, a 10 ft high x 8 ft wide loading dock door, a walk-in cooler and a Hydro cooler for vegetables.Additionally, there’s an office space on the upper level of the shop. The property includes two bunk houses, a small road-side shed, and an older barn. The bunk houses are fully equipped with kitchen facilities, bedroom, bath, heat and AC, which can be removed if need be. Notably, the old barn (approximately 40 x 20) requires refurbishment or removal. The property is further enhanced by a substantial irrigation pond (approximately 75 x 150 ft and 25 ft deep), a creek that runs through the property separating the section within town of Newbury & Southwest Middlesex County and tiled drainage. City water and sewer are available, and gas is available at the lot line. Currently, the seller utilizes a propane tank and 200 Amp electrical service.
*** This exceptional property located within a residential subdivision is currently undergoing rezoning and severance, presenting a unique opportunity for developers to shape the future of this prime location. With the rezoning process well underway, the land is poised for a transformation that aligns with modern development needs. The severance phase will allow for flexible parcel configurations, making it ideal for a variety of projects. Don’t miss the chance to be part of this exciting development journey in Newbury. ***
- Principal and Interest
- Property Tax
- HOA fee