Investment Analysis — 3 - 5 Park St

Property with existing vacant building located at 3 - 5 Park Street is being offered with the attached schematic design for a 12 unit development with a boutique storefront and limited ground level parking, Special permit approved for off street parking. This opportunity to develop and contribute to meaningful growth in the Ayer downtown area. This is the first project approved under the Form Based Code framework and is a meaningful step forward for the Town of Ayer's vision for smart growth. The project balances municipal goals, neighborhood considerations, site constraints, and development practicality, all while successfully advancing under bylaws that had existed but had not yet produced an approved project of this kind. Designed to align with the intent of the zoning overlay, the building emphasizes an active street presence, efficient residential density, and architecture scaled to the surrounding context. Ground-level frontage, clear pedestrian access, and integrated parking.