South StFitchburg, MA 01420

Property Details for South St

Year built

1953

Lot size

0.73 AC

Property type

Commercial real estate

Description

This unique 49,500 square foot property in Fitchburg, MA presents a compelling redevelopment opportunity. The site encompasses a substantial former school building (approximately 36,900 square feet) and a separate residence hall (approximately 12,600 square feet) situated on a 0.73-acre lot. The property's versatile layout lends itself to a variety of uses, making it ideal for conversion into a multi-family residential complex, potentially exceeding 50 apartments, or a modern office space. The existing residence hall could be repurposed as additional apartments or a rooming house, further enhancing the property's income potential. The building boasts attractive amenities including a full kitchen, a sizable lecture hall, and a basketball court, offering unique possibilities for future tenants or occupants. Its strategic location offers convenient access to major transportation routes, being approximately one mile from Route 2 and a quarter-mile from Route 12. Furthermore, its proximity to Worcester (25 minutes) and Boston (approximately one hour) provides excellent connectivity to a larger metropolitan area. The property is situated within an Opportunity Zone, presenting additional financial incentives for qualified investors. This is a rare chance to acquire a large-scale property with significant upside in a location experiencing high demand for housing. The substantial size and existing infrastructure of the buildings offer a solid foundation for a successful redevelopment project.

Location Insight

City

Fitchburg

County

Worcester

State

Massachusetts

Latitude

42.5807

Longitude

-71.7981

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].