Rare opportunity to acquire and complete a significant mixed-use redevelopment project in the heart of Downtown Gardner. This prominent 13,000+ SF historic building has approved plans for 16 residential units and 4 street-level commercial units, offering an investor or developer the opportunity to step into an established redevelopment project with substantial pre-development and early construction work already completed.Residential redevelopment is by-right, with construction design and plans already in place. Considerable work has been completed or advanced, including a new roof, new windows, exterior siding work and significant residential framing. A new utility transformer has also been installed, with electrical supplies and equipment on site.Located within one of Gardner's federally designated Opportunity Zone tracts and the Downtown Urban Renewal Plan Area, the property is positioned within an area benefiting from continued private reinvestment along with municipal and state-supported economic development initiatives and public improvements.An opportunity to take over a well-advanced redevelopment project and bring 16 new residential units and four commercial spaces to Downtown Gardner. Property and project information is preliminary and subject to buyer verification and due diligence. Group Showing - Friday, September 25th at 10:30 AMInterested parties must contact directly in advance to attend.
| MLS # | 73575841 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 19 |
| Listing Provided By | eXp Realty LLC | Candor Investment Group |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 20 Total |
| SQ Feet | 15,716 |
| Basement | Y |
| Story(s) | 3 |
| Units | 16 |
| Zoning | C1 |
| Acreage | 0.14 |
| Property View | Yes |
| Rooms Total | 8 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Stone |
| Lot Features | Corner Lot, Level |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 11745 |
|---|---|
| Tax Assessed Value | 853000 |
| Tax Year | 2026 |
| Community Features | Sidewalks |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Gardner |
| Zip Code | 01440 |
| Area | Worcester |
| Listing VS Median (in 01440) | |
Price: $1,400,000 low | high Med: $398,950 sqft: 15,716 low | high Med: 1,940 $ / sqft: $89 low | high Med: $211 On site: 19 low | high Med: 70.5 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Gardner |
| Zip Code | 01440 |
| Area | Worcester |
| Listing VS Median (in 01440) | |
Price: $1,400,000 low | high Med: $398,950 sqft: 15,716 low | high Med: 1,940 $ / sqft: $89 low | high Med: $211 On site: 19 low | high Med: 70.5 | |
![]() | $1,400,0004-12 Parker StGardner, MA 01440 |