336-344 Main Street Fitchburg, MA

$1,200,000
Square Feet 40,515
Acres 0.23
Photo of 336-344 Main Street Fitchburg MA 01420




Description

Welcome to 336-344 Main Street, an exceptional mixed-use commercial & residential building nestled in the heart of downtown Fitchburg, & offering an outstanding opportunity for investors & developers alike. Boasting a prime location in the city's core, this property is a true gem with immense potential. This impressive building presents an ideal canvas for those seeking to capitalize on its existing value & expand the income potential through development. The property features a dynamic combination of Retail & office spaces, including a Business Center, a Coffee Shop, a Night Club, and a Restaurant (Coming soon). With a total of 21 Retail & Commercial tenants, and the potential for up to 26 residential units, you will find the blend of potential revenue streams very attractive. Situated within an opportunity zone, this property is primed for additional development and offers the chance to tap into a burgeoning market. Don't miss your chance to be part of Fitchburg's exciting future.


Listed by RE/MAX Liberty, Kurt Thompson

Details

MLS 73128584
Status Pending
Price $1,200,000
DOM 538 days
Type Commercial
Square Feet 40,515 sqft
Lot Size 0.23 acres
Year Built 1890

Lot & Building Features

Tax Year 2023
Taxes Paid $9,493
Roof Rubber

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.