Prime Development Parcel
- Favorable Inclusionary Zoning
- Exceptional Demographic Profile
- Ideal Commuter Location
Boston Realty Advisors has been exclusively retained to sell 1158 & 1164 Main Street and 7 Schofield Road, a 7.88 acre development site located in the waterfront community of Hingham, Massachusetts. Just 20 miles south of Downtown Boston, Hingham is one of Boston’s most desirable suburbs known for its tightly knit community, excellent public schools and redeveloped harbor.
The landsite is comprised of three (3) separate parcels with frontage along Main Street and access to numerous area amenities including the Derby Street Shoppes. With only 6.3% of Hingham’s housing stock considered affordable, the Hingham landsite is an ideal candidate for a 40B permitting development allowing developers and investors the opportunity to take advantage of the underlying zoning for a high density residential development. This property is also an ideal site for a 55+ or senior living development.
With direct frontage off of Main Street and easy access to Route 3, Route 3A and I-93 the site is well-positioned for direct access to Downtown Boston. Additionally, the site is located just a short drive from the +/-16 million square foot Metro South market in Braintree, one of Boston’s largest suburban office markets home to notable companies such as Arbella Mutual Insurance, United Liquors, EMC Corporation and Analog Devices. The site’s transit-oriented location offers multiple public transportation options including four (4) different commuter rail stations along the both the Greenbush and Kingston/Plymouth line with access to Quincy Center, JFK/UMass, and South Station. Hingham also hosts a transit ferry with direct access to downtown Boston and Logan Airport.