Sold!
$2,200,000
3.16
Acres
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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.
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Highlights
- Acres: 3
- Property Type: Commercial
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Easements, Level, Corner Lot, Cleared, Gentle Sloping, Curbs & Gutters, Lot Staked
- Road Frontage Type: Public, City Street
- Number of Lots: 1
- Zoning: Rg
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Amenities
- Community Features: Public Transportation, Shopping, Golf, Conservation Area, Highway Access, Public School, Sidewalks
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Utilities
- Electric: At Street, Nearby
- Water Source: Public, At Street, Nearby
- Sewer: Public Sewer, At Street, Nearby
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Fees / Taxes
- Assessed Value: $868,800
- Taxes: $11,921
- Tax Year: 2024
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Brad Hutchinson Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
