155 Airport Rd Pending

Fitchburg,MA 01420

$ 2095000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 73266745

HOA Y/N false

Year Built 1920

Annual Tax Amount $6,274

Tax Year 2024

Lot Size 0.820 Acres

Acres 0.82

Property Description

CALLING ALL INVESTORS - Whether you are a seasoned investor looking to add to your portfolio, or you are looking for a great foundational piece to your business, this is the opportunity for you! The building consists of over 5000Sq ft of office/medical space, currently occupied by a medical facility, with a lease running through the end of 2031. Cap rate is 7%. Lease payments go up 2.5% each year increasing NOI. New parking lot 2018. New Roof. Tenant about to undertake considerable upgrades to the interior with a renovation at their expense. Floor plans attached. Reach out for additional info!

Location

State MA

County Worcester

Zoning I

Direction Use GPS.

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Waterfront false

Roof Type Asphalt/Composition Shingles,Rubber

Total Parking Spaces 60

Others

Senior Community false

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