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Redevelopment opportunity on 3+ prime acres on the WATERFRONT! Currently 4 parcels, 2 small businesses, and an additional storage building, with ample parking. This property allows for 6 stories as a matter of right, and transfers with an approved variance for a 12 story mixed-use building containing 200 apartments and commercial space, and providing 257 parking spaces. 1148 Davol is located in both an HDIP zone and an Opportunity zone, making it eligible for multiple tax credits. Market Rate housing has already proven to be an overwhelming success with a waitlist at Commonwealth Landing right next door. This location has it all! Incredibly convenient access to Route 79, and is just steps away from the incoming Commuter Rail stop, restaurants, Battleship Cove, the Carousel, the Boardwalk, along with unlimited outdoor recreation, and the monuments at Bicentennial Park. There is no better time to get in on the housing boom in the South Coast, and no better location! Unlimited potential.

Property Details of 1148 Davol Street

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Listed by Pam Laliberte Lebeau of Keller Williams South Watuppa

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