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MLS® ID: 72539966

408 River St.

Fitchburg, Massachusetts, 01420

$1 Active
  • 7912 SQFT
Investors take note! Excellent Projected CAP on this Property. At asking price with estimated rents & 25% Vac., this property produces a 13% CAP. A CAP of 10% (25% vac.) this property will support an asking price of $314,430.00. Owner says bring your offers! Located on Rt. 12, 31 & 2A near the corner of Oak Hill Rd. Close to several large apartment buildings and Down Town. High traffic count of 10,117 (2W, 2017). Convenient location close to downtown and residential neighborhoods. Beautifully maintained Retail/Flex building with many updates include new building facade and windows in 2006. One newer heating system. Owners have owned and cared for this building for close to 20 yrs and it shows. Building is set up for (4) approx. 2000 sf retail/flex spaces with 3 bathrooms throughout. Great location for Home Decor (existing business open for 20 yrs, owners retiring), Auto Parts, Restaurant, or Salon/Spa/Nail.
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Listing courtesy of Keller Williams Realty North Central

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    01420
  • Office name
    Keller Williams Realty North Central
  • SQFT
    7912
  • Bedrooms
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    C&A
  • Year built
    1949
  • Tax year
    2017
  • Agent name
    Richard Perkins
  • Tax amount
    $ 5169.0
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    12921
  • Agent ID
    454502401

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