Property from 279-269 Prospect St - KW

Located on Prospect Street in the City of Sharon, Mercer County, these adjoining parcels present an opportunity for residential redevelopment, infill housing, or a small multifamily project.

269 Prospect Street

• Approximate lot size: 6,050 square feet (about 0.14 acres)

• Parcel identified as 4 G 40.

• Lot dimensions reported at approximately 50 feet wide by 121 feet deep.

• Previously identified in public records and tax records as a separate residential parcel.

279 Prospect Street

• Approximate lot size: 10,890 square feet (about 0.25 acres).

• Public records identify the site as Lot 35 and show a larger parcel footprint than the neighboring lot.

• Existing records indicate a former single-family residential use.

Combined Development Potential

Together, the two parcels provide approximately 16,940 square feet (about 0.39 acres) of land.

Potential uses may include:

• Garden-style apartments

• Duplex or townhouse development

• Affordable housing project

• Workforce housing

• Senior housing redevelopment

• Mixed-income residential community (subject to zoning and municipal approvals)

Marketing Description

“Rare opportunity to acquire adjoining residential parcels in the City of Sharon. Combined, the properties offer nearly 0.40 acres of development potential in an established neighborhood with access to schools, employment centers, downtown Sharon amenities, and regional transportation routes. Ideal for affordable housing, workforce housing, townhomes, or a small multifamily community.”

Before moving forward with the Sharon Family Garden Apartments concept, I would recommend verifying:

• Current zoning classification

• Utility availability (water, sewer, gas)

• Setback requirements

• Density allowances

• Whether both parcels remain separately deeded and buildable

Those items should be confirmed through the City of Sharon Planning & Zoning Department and Mercer County records.