46 Chapel Street

Chapel Hill Senior Village is prominently located along Route 9, a major east–west commercial corridor connecting Worcester to the broader Central Massachusetts region. The site offers immediate access to I-290, I-90 (Mass Pike), and Route 146, providing seamless connectivity to Downtown Worcester, Providence, Springfield, and the Greater Boston market. Situated just minutes from Worcester Regional Airport and approximately 15 minutes to Downtown Worcester, the property benefits from proximity to established retail centers, healthcare facilities, and regional employment hubs. Leicester’s location within the Greater Worcester market provides residents with a balance of accessibility and suburban character, making it well-suited for senior housing demand.Chapel Hill Senior Village Development presents a rare opportunity to acquire a fully entitled, shovel-ready senior housing development site in the Greater Worcester market. Approved for 88 units across ±29.7 acres, the property offers investors a streamlined path to construction with key predevelopment risks substantially mitigated. All zoning and Conservation Commission approvals have been secured, and environmental and geotechnical due diligence has been completed. Municipal infrastructure is incorporated into the approved plans, positioning the project for an accelerated development timeline. The Central Massachusetts market continues to demonstrate favorable demographic trends, including a growing senior population, stable household incomes, and limited supply of comparable entitled senior housing sites. With density approved below zoning maximums and significant upfront diligence completed, Chapel Hill Senior Village offers both execution certainty and long-term value creation potential. This opportunity is well-suited for developers, operators, and capital partners seeking a de-risked entry into a supply constrained senior housing market with strong regional access and established demand drivers. The site is currently being offered for $2.149 Million. Please reach out to the listing agents for more information or to schedule a site visit.