0 Compass Lane, Gardner, MA

The property is located off West Broadway in Gardner, Massachusetts. The site offers convenient access to Route 2, Route 68, and Route 140, connecting residents to the greater Worcester, Leominster-Fitchburg, and MetroWest markets. Gardner continues to attract demand for quality rental and for-sale housing as buyers and renters seek attainable alternatives to higher-cost markets to the south and east, creating a meaningful supply gap for newly constructed townhome product at the scale offered by this subdivision.Glickman, Kovago & Jacobs is pleased to exclusively offer for sale a fully entitled, shovel-ready -6 acre approved subdivision for 16 duplex buildings totaling 32 townhome units, together with an additional 11 contiguous acres available for future development. The property has been rezoned to GR-3 (General Residence), the least restrictive residential district in the City of Gardner. The current ownership successfully petitioned the City to rezone the property from its prior Commercial II designation, unlocking the residential density that supports the approved 32-unit subdivision. The subdivision approvals, zoning, and recorded lots are all in place, with the only remaining pre-construction item being final MassDOT access permit approval. The combination of completed entitlements, public infrastructure, recorded zoning, and an additional 11 acres of contiguous development land positions this offering as a multi-phase platform investment in a supply-constrained Central Massachusetts submarket. The opportunity is well suited for build-to-rent operators, regional residential developers, and merchant builders seeking immediate execution with long-term optionality. Select lots within the approved subdivision may be eligible for additional units subject to municipal review, providing a meaningful value-add component to the base offering.