$1,155,000
$1,200,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
40,515 SqFt
SOLD DATE : 12/19/2024
Key Details
Sold Price $1,155,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 40,515 sqft
Price per Sqft $28
MLS Listing ID 73128584
Sold Date 12/19/24
HOA Y/N false
Year Built 1890
Annual Tax Amount $9,493
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Welcome to 336-344 Main Street, an exceptional mixed-use commercial & residential building nestled in the heart of downtown Fitchburg, & offering an outstanding opportunity for investors & developers alike. Boasting a prime location in the city's core, this property is a true gem with immense potential. This impressive building presents an ideal canvas for those seeking to capitalize on its existing value & expand the income potential through development. The property features a dynamic combination of Retail & office spaces, including a Business Center, a Coffee Shop, a Night Club, and a Restaurant (Coming soon). With a total of 21 Retail & Commercial tenants, and the potential for up to 26 residential units, you will find the blend of potential revenue streams very attractive. Situated within an opportunity zone, this property is primed for additional development and offers the chance to tap into a burgeoning market. Don't miss your chance to be part of Fitchburg's exciting future.
Location
State MA
County Worcester
Zoning DB
Direction Route 2A is Main Street
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, Three Phase
Roof Type Rubber
Others
Senior Community false
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Bought with Andrew Kaknes • NextHome Tradition
At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.
193 Green Street, Melrose, Massachusetts, 02176, United States