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Fantastic Investment Opportunity!

Sq Ft of Space For Sale:


Fantastic Investment Opportunity!
533 Main St

Fitchburg, Massachusetts, 01420
United States


Price $ 680000
Cap Rate 0%
Commision Split 0%
Description: For Sale by Owner: Price has been dropped significantly! Very Motivated Seller!!!

The property is located in the Downtown City of Fitchburg, MA. The building is comprised of a total of over 26,000 Sq. Ft. City of Fitchburg Mayor’s Office, along with the Fitchburg Economic Redevelopment Authority, had reached a consensus that the existing building could be built up vertically by adding a two story apartment space, if an owner chooses to do so.

Investment merits are offered for this development project. The City of Fitchburg offers prospective investors countless opportunities for substantial gains, and a very attractive yield to improve vacant or under-utilized space on Main Street.

This beautiful historic structurally solid brick building is situated in the heart of the downtown of the City of Fitchburg, a walking distance to the Fitchburg State College, composed of 18,000 students (full and part time), as well as, all municipal buildings, including the District Court House, Registry of Deeds and City Hall. Surrounding the building are all newly built River Park, Fire and Police Stations, a Commuter Train & Bus Station, Fitchburg Public Library, and Fitchburg Museum. Two municipal parking facilities are located within one block of the property. City of Fitchburg will offer special parking permits for the residents, professionals working in the buildings, and building visitors / customers. Further, this location is within three miles from the Fitchburg Airport, and within one hour from Downtown Boston by Commute Train. This location offers easy access to Route 2 highway, which brings you directly to Cambridge, MA.

Price has been dropped significantly! Financing available. For additional information, such as pro forma statements, and to schedule an appointment for a viewing, please contact David at 781-888-0699. Don't miss out on this opportunity!
Highlights:

Property Type
Primary Use Group
Total Building Size 26000
Number of Floors 3
Year Built 1980
Contruction Stage Existing
Total Lot Size 0 Acres
Building Class Class C
Available Parking Public Lot/Ramp
Space Availability
Space Available Sq Ft
Min Divisible Sq Ft
Max Contiguous Sq Ft
Is This a Sub Lease

Primary Contact David Kravets
Company Name American Nationwide
Phone 781-888-0699
Email davidk@mortgageexperts.biz

Posted By David Kravets
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