840 Water Street LnFitchburg, MA 01420

Property Details for 840 Water Street Ln

Year built

1950

Lot size

0.64 AC

Property type

Commercial real estate

Description

This exceptional turnkey business opportunity is located at 840 Water Street in Fitchburg, MA, on a 0.64-acre lot. The property, currently operating as a successful diner for 27 years under the same ownership, offers immediate income potential. The bright and cheery diner features a drive-through window, central air conditioning with mini-splits, and is fully handicapped accessible. Recent updates include exterior painting, chair replacement, new gas lines, landscaping, and ceiling repairs. Further improvements encompass electrical, plumbing, hot water heater upgrades, and a rubber roof replacement. The building's flexible floor plan and prime location, boasting high traffic counts and highway access, make it ideal for a variety of uses beyond its current configuration. Consider expanding hours to capitalize on increased income potential. Alternative uses could include a coffee house, bakery, retail store, smoke shop, dispensary, house of worship, exercise/yoga studio, or laundromat. The building itself presents a significant investment opportunity due to its location, ample parking, and adaptable layout. This is a rare chance to acquire an established business with significant upside potential in a thriving area. The asking price is $570,000.

Location Insight

City

Fitchburg

County

Worcester

State

Massachusetts

Latitude

42.568

Longitude

-71.7827

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