North Reading Land for Sale

Why Should You Buy Lots Here?

North Reading is a good place to buy land use it for either great home sites or commercial use, with several popular retailers well-represented here. Get in touch with one of our real estate professionals today to get the representation and assistance you need.

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Land for Sale

Geographic Location

This town is in Middlesex County, in one of the more convenient suburban locations within the Greater Boston area. The town's entire location falls within the Ipswich River Watershed area, which offers some beautiful scenery that makes a perfect backdrop for residential properties. Historic homes going as far back as the 1700's are certain to provide the inspiration you need in designing property that will attract buyer attention.

Almost 15,000 people live in this town, making it a nice refuge for people seeking a quieter lifestyle without compromising when it comes to conveniences. The location, which includes access to Route 28, makes this town a good location for a lot of retailers. Because the town is also on the way to Boston, it has also long been popular as a "bedroom community".

What Types of Property Could You Build Here?

Many undeveloped lots are available for under $100,000 and offer plenty of possibilities. From stunning homes on private lots to storefront buildings that promise a good return on your investment, you'll find it easy to develop properties that suit the needs of locals.

Homes

Prices for available properties in early 2018 range from the high $100,000's to over $1 million. There are several home styles here that range from Cape Cod-style houses with cedar shingles to custom-designed estates with all the hottest amenities. Most home sites use oversized lots, which is one consideration to keep in mind when you're designing homes.

One of the biggest features in demand for buyers in this area is having open living spaces, which suit buyers' needs especially well when combined with extra TV or family room spaces. Three or four-season porches help encourage buyers to make the most of their time spent outside. Bonus rooms that have potential as either office space or extra bedrooms are also a major selling point.

Apartment Buildings

There are many apartment options available at any given time, some of them including complexes, others being condo units the owners decided to rent. One thing that is consistent among the apartment options is that they offer a variety of floorplans, a trend that you will want to keep in mind when designing a building.

Building complexes that feature studio or 1-bedroom options with more space than usual are likely to attract interest. Offering a slider that leads out to a patio area helps residents enjoy more sunshine than they would without such spaces. Also, consider designing the buildings with laundry facilities to save residents a trip.

Jensen-style buildings have attracted a lot of attention in recent years, especially in bigger developments. Large living rooms and master suites are some of the features with the biggest appeal. If you have such buildings constructed in areas closest to major shopping, you'll have no trouble attracting interested parties.

Commercial Investment Properties

One of the best things about this town's location is its easy access to major roads like Route 28 and I-93. A trend that has become popular in recent years is building office condominiums as an alternative to traditional office buildings. Many professionals prefer to operate out of a setting where they own their office space, instead of renting it.

Traditional industrial park settings are also in demand, especially in lots close to I-93. This location makes a handy distribution point for warehouses and similar facilities. Building to allow for office space within the same building is also a good way to maximize your space.

Retail Space

Attractive buildings that offer more than one good-sized store space will encourage different types of businesses to take advantage of your space. Multiple types of businesses in one space solve a need for one-stop shoppers. Residents who prefer to do most of their shopping in one area are likely to patronize newer businesses that move into the same building.

Developing commercial property along or close to Route 28 will be an ideal way to ensure that your location is highly visible. Visibility makes all the difference in an area where so many retail buildings are vying for attention. Choosing the right spot, no matter whether it's commercial or residential will help you solve a legitimate customer need.

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Land for Sale