$252,000
$260,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
2,348 SqFt
SOLD DATE : 07/30/2025
Key Details
Sold Price $252,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,348 sqft
Price per Sqft $107
MLS Listing ID 73364777
Sold Date 07/30/25
HOA Y/N false
Year Built 1985
Annual Tax Amount $2,722
Tax Year 2025
Property Description
Turnkey Investment – Fully Leased Medical/Professional Condo ~11.75% Cap Rate. Positioned at the intersection of Electric Ave & South St just off Route 2, this location draws from the vibrant business activity of the Twin Cities corridor and offers high visibility with easy access to both Fitchburg & Leominster downtowns. This 2,348 SF First-Floor Commercial Condo is Fully Leased to a Long-term National Tenant operating under a true NNN lease structure—tenant pays taxes, insurance, and CAM. Professionally designed for Medical use with a welcoming Reception Area, Multiple Treatment rooms, and Private Office Spaces. ample on-site parking and strong local demand make this a reliable addition to any portfolio.
Location
State MA
County Worcester
Zoning RA2
Direction Corner of Electric & South. Entrance around back.
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 75
Others
Senior Community false
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Bought with Dylan Maclean • Foster-Healey Real Estate