1123 South St - Restaurant FOR SALE


Fitchburg, MA 01420
$850,000 USD
508-331-2030
1123 South St, Fitchburg, MA for Sale
$850,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

1123 South St
Fitchburg, MA 01420


OVERVIEW

Great investment opportunity a stones throw from Rt 2. This sale includes 3 properties. The 1st parcel is a 1 acre commercial lot with a 4939 sqft building. The building was last used as a Spa/Salon and previously as night clubs and restaurants. The building has 2 levels, the 1st having 2 large open areas that could be combined into one, 3 smaller rooms, one with a sink, 2 restrooms, one with washer/dryer hook ups, and a kitchenette area. The second floor has a large open area, 5 smaller rooms, and a restroom. 2 of the smaller rooms are equiped with sinks and 1 has a dryer connection. There is additional plumbing on both floors that was used for hair washing stations in the salon. The building has a gas boiler, HVAC systems, and a fire alarm system..The second parcel is a 5998 sqft commercial lot and the 3rd is a 25807 sqft residential lot. Stealing 183 sqft from the larger commercial lot potentially could get you 2 residential lots. This listing includes 3 parcels of land including 1123 South Street, Map 200/Block 20, consisting of a building situated on 1 acre of land, 0 Minneapolis Ave, Map 200/Block 21, consiting of .14 Acres of land and 0 south Street, Map 202/Block 63, consisting of .57 Acres of land

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1123 South Street Fitchburg Ma 01420

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,813 SF

ZONING

C and RA

APN/PARCEL ID

FITC-000200-000020

ASK ABOUT THIS PROPERTY

Scott SimpsonCentury 21 North Shore Storrs & DeNaultMore Info
508-331-2030

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Scott SimpsonCentury 21 North Shore Storrs & DeNaultMore Info
508-331-2030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.