Quote:
Originally Posted by codeman671
I’d almost guarantee it. Much more money to be made than leasing out a boat shop. I saw it hit the market, and was surprised to see how much less it actually closed for. Wishing I had taken a shot at it, but for boat purposes not development.
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The problem with that property is that it would likely require a sewer hookup if more than a couple of residences, and even then it could be a problem because the water table is quite high on that property. That means no septic system. Nearby homes have septic, but they've been there for decades. The newer laws under the Clean Water Act would likely prevent condos on the property unless the developer wanted to spend a lot of money for a sewer hookup. They would have to go out all the way to Route 11 to intercept the sewer main.