Property Description

Presenting a rare investment opportunity in the heart of Florence, MA—The Parsons Block at 76-96 Maple Street. This mixed-use property features 10 residential units and 10 street-level commercial spaces, plus a vacant mixed use 2-family and single-family home ready for repositioning or redevelopment. Included is an option to develop 11 townhouse condominiums (already approved) or keep the existing single family (previously used as a group home) and two unit mixed used building. Major capital improvements include a new roof (2022), upgraded fire alarm system (2022), and a multi-phase electrical service overhaul (2023–2025). Several commercial spaces have been outfitted with custom, high-end buildouts. Positioned in a vibrant, walkable location near downtown amenities, The Parsons Block offers solid in-place income with significant upside through redevelopment and unit repositioning. A true centerpiece for any investor seeking a legacy asset with immediate cash flow and long-term growth.