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320 River StreetFitchburg, MA 01420Price: $496,380

  • Price: $496,380
  • 1243 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $496,380List Price
  • 0.3Acreage
  • 33,120Square Feet

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Listed by Bruce Gallant of Century 21 North East
20% POTENTIAL CAP RATE !!! 33,000 SF BUILDING SELF-STORAGE BUILDING BUILT OUT AND READY TO GO. BUILDING IS LOCATED AT THE BUSY INTERSECTION OF ROUTES 12, 2A & 31 IN FITCHBURG, MA WITH REASONABLE ACCESS TO ROUTE 2. THE BUILDING CONSISTS OF 3 FLOORS WITH A FREIGHT ELEVATOR. LARGE 14 x 20 GROUND LEVEL DOOR ALLOWS VEHICLES TO DRIVE INSIDE THE BUILDING. BUILDING IS IN VERY GOOD OVERALL CONDITION. INCLUDES ALARM AND SECURITY SYSTEMS. APPROXIMATELY 200 STORAGE UNITS OF VARYING SIZES. PARKING IS LIMITED, BUT ADDITIONAL LAND COULD BE AVAILABLE ADJACENT TO BUILDING. PHASE II 21E SHOWED SOME SOIL AND GROUNDWATER ISSUES THAT WILL COST ABOUT $50,000 TO EITHER REMEDIATE OR PUT A PLAN IN PLACE THAT WILL ALLOW CONTINUED OPERATION.

Property Details of 320 River Street

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