Price Reduced 0.59%

$844,900

Est. Mortgage $4,440/mo *

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240 Worcester Road, Sterling, MA, 01564

240 Worcester Road, Sterling, MA, 01564
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1908

A Fantastic Development Opportunity Awaits!! The historic Sterling Inn is located near the foot of Mt. Wachusett sitting on 1.6 acres of land and almost 12k square feet of interior space. The land located at 223 Worcester Road consists of 3.7 acres of mixed use land. 240 and 223 Worcester Road are both on the same deed attached to MLS for reference. Various documents in hand including, perk testing and estimated costs for conversion and development of townhomes. Whether you restore the existing facility or convert to Townhomes / Condos, and/or leverage the mixed-use lot at 223 Worcester Rd to build additional townhomes and retail space, the possibilities for this property are endless!

Status:

Active

Type:

Commercial

Zoning:

TCD

Parking:

20-car

Acreage:

5.3

Est. Taxes:

$3,315

Utilities

Public Water, Private Sewer

MLS #:

73171928

Buyer Agent Compensation:

2

Facilitator Compensation:

2

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Kelly Espinola, Keller Williams Realty-Merrimack Phone: 978-692-3280