$1,400,000
 $7,516 est/mo Sourced by Back At You

4-12 Parker St,Gardner, MA 01440

Gardner, MA 01440

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Description

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.

Details

MLS #73575841
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site19
Listing Provided ByeXp Realty LLC | Candor Investment Group

Features

Bed(s)12
Bath(s) 20 Total
SQ Feet15,716
BasementY
Story(s)3
Units16
ZoningC1
Acreage0.14
Property ViewYes

Interior

Rooms Total8
Heating Yes / NoYes
HeatingOther
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofRubber
Construction MaterialsBrick
Foundation DetailsStone
Lot FeaturesCorner Lot, Level

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount11745
Tax Assessed Value853000
Tax Year2026

Location

Community FeaturesSidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityGardner
Zip Code01440
AreaWorcester
Listing VS Median (in 01440)
Price:
$1,400,000
low | high
Med:
$398,950
100% of Average
sqft:
15,716
low | high
Med:
1,940
100% of Average
$ / sqft:
$89
low | high
Med:
$211
86.894710487876% of Average
On site:
19
low | high
Med:
70.5
26.950354609929% of Average
Sourced by Back At You

Market Activity 01440

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Learn More About This Property

StateMA
CountyWorcester
CityGardner
Zip Code01440
AreaWorcester
Listing VS Median (in 01440)
Price:
$1,400,000
low | high
Med:
$398,950
100% of Average
sqft:
15,716
low | high
Med:
1,940
100% of Average
$ / sqft:
$89
low | high
Med:
$211
86.894710487876% of Average
On site:
19
low | high
Med:
70.5
26.950354609929% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.5M - $1.75M
sqft: 11,500 - 19,500
Nearby Listings Property ImageNearby Listings Details
4-12 Parker St Property Photo 1
$1,400,000
4-12 Parker St
Gardner, MA 01440
Listing Updated: September 29, 2026 at 7:39:13 AM PDT