320 River StreetFitchburg, MA 01420MLS Number 72648177

  • Price: $496,380
  • 1140 Days on Market
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Federal 30-year interest rate: 6.71% last updated on Jun 8, 2023
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Under Agreement
320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420320 River Street Fitchburg MA 01420
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  • 0.3Acreage
  • 1900Year Built
  • 33,120Square Feet
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.
Listed by Bruce Gallant of Century 21 North East

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More Info

Basic Information

  • Mls StatusUnder Agreement
  • Parcel Number 1503646

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1900

Property Information

  • Living Area 33,120
  • Lot Size Square Feet 13,114
  • Lot Size Units Acres
  • Square Feet33,120

Tax Information

  • Tax Year 2017
  • Taxes$12,656

Location

  • Address320 River Street
  • Building Number320
  • CountyWorcester
  • StateMA
  • StreetRiver Street
  • TownFitchburg
  • Zip01420

Other

  • Buyer Agency Compensation2
  • Date Listed04/27/2020
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count183

Parking

  • Parking Spaces5

Basic Information

  • List Price$496,380
  • MLS Number72648177
  • Modification Date02/03/2023
  • Purchase Contract Date09/01/2021

Property

  • Acreage0.3

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

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