572 Main St - Storefront Retail/Office FOR SALE


Fiskdale, MA 01518
$650,000 USD
508-423-4715
572 Main St, Fiskdale, MA for Sale
$650,000 USD
Storefront Retail/Office - FOR SALE
1/29
null | Request Cap Rate

572 Main St
Fiskdale, MA 01518


OVERVIEW

Here is your chance to own the Historic Blackington Building located in the charming town of Sturbridge, MA. The building contains 8,618 square feet, zoned CTD for commercial. The property is located right on Route 20 in a busy area of Sturbridge surrounded by retail stores, markets, breweries, restaurants and other business locations. Three tenants currently occupy the property. Tenants pay their own heat, cooling and electric. A dry sprinkler system has been installed in the building with yearly inspections. A 2.5 acre piece of land is included which provides ample parking for tenants, clients and customers. Plans were drawn up for a +50 parking spaces lot. Plenty of opportunity for future expansion or redevelopment and strong rental income and investment returns. Owner had approval and plans for development of loft style apartments on the second floor at one time. Construction to add a lift to the property can be seen in some of the photos.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Blackington Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Commercial

APN/PARCEL ID

STUR-000415-000000-002328-000570

ASK ABOUT THIS PROPERTY

Melissa HilliAucoin Ryan RealtyMore Info
508-423-4715

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Melissa HilliAucoin Ryan RealtyMore Info
508-423-4715

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