An application for Development Agreement(DA) for a 31–40 unit project has already received verbal approval in the town of New Glasgow—an area currently in need of both affordable and market-rate housing. This property could be the perfect opportunity you’ve been waiting for!Whether you're looking for move-in-ready office space, potential residential units, or secure dry storage, this versatile property has endless possibilities. The existing building, while requiring some updates, offers ample parking, off-road access, loading dock doors, and dual street frontage on both Frederick and Washington Streets—ensuring maximum convenience. Currently, the interior includes a few offices and a meeting room, while the warehouse section is easily accessible and well-suited for storage or rental use. To simplify the purchasing process, the property comes with an Application Package that will be formally approved before the buyer's final transaction.Don’t miss this exceptional investment opportunity—perfect for a multi-unit development with strong potential for government-backed financing assistance!