An exceptional opportunity to redevelop 1010 Chestnut Street in Newton. Professional work suggests the potential to construct five or more townhouses, totaling over 8,000 square feet of gross space. The Seller wishes to provide attractive terms for the developer to make Newton greener and ensure a reasonable return-on-investment with minimal risks. Preliminary environmental work does not suggest any cost prohibitive concerns for the removal of the existing gas station. Additional funding is available for environmental, engineering, and architectural work for all preferences. Our green, community and financial objectives are further supported by a flow of high-quality housing that is either newly built or under construction. This incomparable opportunity is a must see!
