572 Main StSturbridge, MA 01566

  • Commercial real estate
  • 8,618 SF
For Sale
$695,000 View listing

Property Details for 572 Main St

Year built
1880
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.25 AC
Property size (Sq ft)
8,618 SF
Property type
Commercial real estate
APN
STUR M:415 B:000 L:2328-572
APU
STURM415B000L2328572

Description

This exceptional redevelopment opportunity presents the Blackington Building, a 8,618 square foot mixed-use property situated on a 2.7-acre lot at 572 & 595 Main St, Sturbridge, MA 01566. Currently boasting 100% occupancy with two tenants (CrossFit Sturbridge & Past to Present Antiques), this property offers significant upside. The building, constructed in 1880, features two stories and is zoned CTD, allowing for commercial use. The property includes a 50-space parking lot, and over an acre of flat, cleared land suitable for additional retail, office, or multifamily development. Town approval has already been granted for six loft-style apartments on the second floor, presenting a clear path for expansion. The asking price is $695,000, translating to $80.64 per square foot. This prime Sturbridge location offers high visibility and accessibility, promising strong rental income and significant investment returns. Don't miss this chance to acquire a historic building with immense potential in a thriving business district.

Location Insight

City
Sturbridge
County
Worcester
State
Massachusetts
Latitude
42.1164
Longitude
-72.1142
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,112
$110,700
$320,600
$431,300
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-
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