This unique property along Route 7 in Lenox lends itself to development with a combination of retail, entertainment, office and residential spaces. Its location has high visibility, two dedicated curb cuts including a signaled intersection and high traffic count (35,198 AADT in 2018). Property is within the Gateway Mixed Use Development Overlay District which encourages intensive mixed use development approaches. It abuts the recently built Courtyard Marriott Hotel and is directly across the street (at a signaled intersection) from the Lenox Commons - a successful development of retail and office with condominiums. The property totals 68+ acres, ~25 acres are in the C3A (Commercial) Zoning District + Overlay above the balance (~43 acres) is in R1A (Residential, 1 acre minimum). There are about 17,325 SF of existing footprint within a total of 8 buildings. These buildings have a total area, according to the assessors of 25,253 square feet. Most of the buildings on the property are either in need of extensive renovation or are likely tear-downs. But the footprints might be useable for their value as pre-existing non-conforming space.
See attachments for greater detail about the Zoning of this property.
Note also that portions of the property have Estimated Habitats of Rare or Endangered Species and/or may be wetlands. There are also portions of the property that are likely subject to the Scenic Mountains Act due to slope and (to a very small degree) due to elevation. Buyers will want to have their consultants look at this information carefully.
See the attached 'Survey 2' for more details or ask the listing brokers for a fuller explanation of these issues.