Address
240 Worcester Road, Sterling, MA
Price
$ 844,900
Property Attributes
  • MLS#73171928
  • TypeCommercial
  • CountyWORCESTER
  • CitySterling
  • Zip01564
  • Style
  • Year Built1908
  • Taxes$ 3315
  • Price$ 844,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.3 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

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!

Price History
10/19/2023 Listed $849,900
3/26/2024 1% - $844,900

General Features

Utilities Public Water,Private Sewer
Roof Shingle
Zoning TCD
Year Built 1908
Tax Year 2023
County Worcester
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Please use GPS
City Sterling
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 230868
Waterfront Y/N No
Street Name Worcester Road
Tax Annual Amount 3315
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 20
Lot Size Area 5.3
Lot Size Acres 5.3
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01564

Price
AVG $560K
$840K
Taxes
AVG $3,671
$3,315
Visits
AVG 140
294
Data Provided by Inside Real Estate®
Year Built
AVG 1885
1908
Walkscore
AVG 39
39
Data Provided by Walkscore® not using MLS data

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