1442 E Broadway Avenue

The subject property is the location of the former Phillips School situated within the city of Norton Shroes. Current zoning is SUD (Special Use District). The property is comprised of 5+ acres improved with a 42,000 SF school building. The building has not been occupied since at least 2010 and is in a state of disrepair. The value is in the land, which could be redeveloped for a variety of uses. Potential uses include residential development (with approval from the municipality). Brownfield incentives could be available for site clearing/demolition activities associated with redevelopment of the parcel.