424-438 Main St - Retail FOR SALE


Fitchburg, MA 01420
$540,000 USD
978-799-3560
424-438 Main St, Fitchburg, MA for Sale
$540,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

424-438 Main St
Fitchburg, MA 01420


HIGHLIGHTS

  • Main St, Heavy Traffic, Next to Municipal Garage, Close to Train Station, 17 Approved Residential Units
  • Open Space
  • Opportunity Zone,

OVERVIEW

Back on the Market due to Buyers Financing!! Are you looking to build a mix use 17 unit apartment building? Already approved by the Fitchburg Planning Board in 2025, this project will allow a buyer to build 17 Residential Apartments, office space and a drive under garage which includes 27 parking spaces. The plan includes 1 and 2 bedroom apartments, 2 levels of living space, and additional storage in the basement. The building offers over 34,000 Sq Ft of space, is adjacent to a 200+ public parking garage, and is only 1/4 mile to MBTA commuter rail as well as Fitchburg State University. The space is gutted and ready to be developed.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,581 SF

ZONING

CBD

APN/PARCEL ID

FITC-000043-000004

ASK ABOUT THIS PROPERTY

Matthew StraightColdwell Banker Commercial NRTMore Info
978-799-3560

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Matthew StraightColdwell Banker Commercial NRTMore Info
978-799-3560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.