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 20 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.
106.59 Private Acres Exterior Space
Land
MLS/Listing ID 73365617
Community - Park
Community - Golf
Community - House of Worship
Lot - Wetlands
Lot - Cleared
Lot - Wooded
Listing Courtesy of REAL BROKER MA, LLC, JIM BLACK GROUP - 774-314-9448
Source of Data: MLS PROPERTY INFORMATION NETWORK