3 Pershing StFitchburg, MA 01420

Property Details for 3 Pershing St

Year built

1910

Construction

FRAME

Lot size

0.14 AC

Property size (Sq ft)

2,854 SF

Zone code

RB

Property type

Retail space

APN

FITC M:0088 B:0113 L:0

APU

FITCM0088B0113L0

Description

This exceptional commercial property, located at 3 Pershing St in Fitchburg, MA, presents a unique investment opportunity. Situated on a 0.14-acre lot, this building offers over 2700 square feet of adaptable space, perfect for a variety of commercial ventures. The property's zoning allows for diverse uses, including retail, contracting, sales, or any other suitable commercial enterprise. The building's layout includes a dedicated front office area, ideal for client interaction and creating a professional first impression. Beyond the reception area, the substantial remaining space provides ample room for product storage, supplies, warehousing, or any other operational needs. The building's history includes previous use as both a retail store and a distribution business, demonstrating its versatility and suitability for a range of commercial applications. The property is priced at $219,900 and offers the attractive advantage of seller financing, making it an even more accessible option for prospective buyers. This is a prime opportunity to establish or expand your business in a convenient and well-positioned location. The combination of flexible space, desirable zoning, and seller financing makes this property a compelling investment prospect. Don't miss this chance to secure a thriving commercial space in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $693,622

  6.5%

  $640,266

  7%

  $594,533

• Comparable approach

  Method

  Valuation

  Relative Method

  $939,717

  Geo Method

  $939,717

• Alternative Use

  Use

  Valuation

  Residential

  $540,088

  Hospitality

  $494,718

  Educational

  $411,600

  Medical

  $425,755

  Retail

  $640,266

Location Insight

City

Fitchburg

County

Worcester

State

Massachusetts

Latitude

42.5748

Longitude

-71.8256

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].