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320 River St Fitchburg, MA 01420
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Key Details
Sold Price $520,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 33,120 sqft
Price per Sqft $15
MLS Listing ID 72648177
Sold Date 07/08/24
HOA Y/N false
Year Built 1900
Annual Tax Amount $12,656
Tax Year 2017
Lot Size 0.300 Acres
Acres 0.3
Property Description
20% POTENTIAL CAP RATE !!! 33,000 SF BUILDING SELF-STORAGE BUILDING BUILT OUT AND READY TO GO. BUILDING IS LOCATED AT THE BUSY INTERSECTION OF ROUTES 12, 2A & 31 IN FITCHBURG, MA WITH REASONABLE ACCESS TO ROUTE 2. THE BUILDING CONSISTS OF 3 FLOORS WITH A FREIGHT ELEVATOR. LARGE 14 x 20 GROUND LEVEL DOOR ALLOWS VEHICLES TO DRIVE INSIDE THE BUILDING. BUILDING IS IN VERY GOOD OVERALL CONDITION. INCLUDES ALARM AND SECURITY SYSTEMS. APPROXIMATELY 200 STORAGE UNITS OF VARYING SIZES. PARKING IS LIMITED, BUT ADDITIONAL LAND COULD BE AVAILABLE ADJACENT TO BUILDING. PHASE II 21E SHOWED SOME SOIL AND GROUNDWATER ISSUES THAT WILL COST ABOUT $50,000 TO EITHER REMEDIATE OR PUT A PLAN IN PLACE THAT WILL ALLOW CONTINUED OPERATION.
Location
State MA
County Worcester
Zoning C&A
Direction INTERSECTION OF ROUTES 12/2A/31
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Total Parking Spaces 5
Others
Senior Community false
Read Less
Bought with Bruce Gallant • Century 21 North East
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