1. Massachusetts
  2. Charlton
  3. 107A Colburn Rd
$799,900

107A Colburn Rd, Charlton, MA 01507

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon106.59acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Located in the serene town of Charlton, this 100-acre parcel of land presents a rare investment opportunity! Currently, the land hosts a solar field that is under a ground lease contract, which offers nearly $1.5 million in remaining payments over the next 35 years.The lease terms include a 1% annual increase, ensuring consistent returns for the duration of the agreement. Approximately 20 of the 80 acres of land are occupied by the solar panels, which means that the 80 acres are available for your use, offering a wealth of possibilities. Topographical & wetlands surveys are attached to the listing for your review, providing key insights into the land's potential & enabling you to explore all possible uses. With a secure & long-term ground lease in place, this property is primed for both immediate returns & substantial future development potential. Don’t miss out! Please DO NOT walk land. Ground lease is attached, please reach out to list agent for any question or trouble accessing.

Listing Status:
Active
Listing Office:
Real Broker MA, LLC : 508-365-3532
Listing Agent:
Jim Black Group : 774-314-9448
MLS ID:
73365619
  • Originating MLS: MLS Property Information Network
  • County: Worcester

This listing courtesy of Jim Black Group, Real Broker MA, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charlton Middle School

2 Oxford Rd, Charlton, MA, 01507

Grades 5-8

0.89 miles away

C

Charlton Middle School

2 Oxford Rd, Charlton, MA, 01507

Grades 5-8

0.89 miles away

S

Shepherd Hill Regional High School

68 Dudley Oxford Rd, Dudley, MA, 01571

Grades 9-12

4.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.