Visible central location in Dracut town center, with special overlay district allowing for residential and commercial development. These two adjoining parcels total 1.23 acres. Second adjacent lot is 12 Arlington Avenue. Uses per zoning analysis may include 7,500 square feet of commercial (office or retail) as well as five (5) connected residential apartments or condominiums. See build out summary, attached, all subject to permitting. The two-story wood frame building currently on the property is unoccupied and sold "as is." The property is within the Dracut Center Neighborhood Overlay District. The underlying district is the R-3 residential district. The purpose of the Dracut Center Neighborhood Overlay District (DCNOD) Bylaw is meant to encourage development of mixed development appropriate for a town center.
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