1 Wallace Rd Fitchburg, MA 01420

This exceptional retail property, the INDEPENDENCE BUILDING, presents a compelling investment opportunity in Fitchburg, Massachusetts. Located at 1 Wallace Rd, 01420, this 4,000 square foot, single-story building sits on a one-acre lot and offers significant potential for a variety of uses. Currently zoned C, the property boasts 15 parking spaces and is conveniently situated along the river and a bicycle/walkway, ensuring high visibility and accessibility. Built in 1950 and renovated in 1975, the building features a mostly open floor plan with a rear garage door, making it ideal for diverse commercial ventures. Potential uses include, but are not limited to, convenience stores, restaurants, storefronts, laundromats, light manufacturing, or contractor spaces. All utilities (water, sewer, electric, and gas) are readily available on-site. The asking price is $299,000, translating to $74.75 per square foot. The property is available for occupancy on April 18, 2024. This is a single-unit, Class B building owned by a corporation. Prospective buyers are responsible for conducting due diligence to verify property dimensions, easements, rights-of-way, and zoning regulations.