245 S. Main Street – Middleton MA

Project Description

The subject property is a 2 ½ acre site accessed directly from a key signalized intersection located across from the Middleton Market Place an South Main Street (Rt. 114). Middleton Town Center is about 1 mile West. A short distance to the East on Rt. 114 in Peabody and Danvers are two large shopping malls. Rt. 114 contains predominantly commercial uses, and has vehicle counts of approximately 25K per day at this intersection. Middleton is an upscale, community booming with new commercial and single family development and growth. Median home sales are at $410,000. Population is 84,732 at 5 miles and over 500,000 at 8 miles. 2003 Median Household Income in Middleton and surrounding towns at 1 mile is $99,830, at 3 miles is $82,533 and at 5 miles is $79,366.