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1123 South Street Fitchburg Ma 01420 1123 South St 4,939 SF Retail Building Fitchburg, MA 01420 $695,000 ($140.72/SF)



Executive Summary
Great investment opportunity a stones throw from Rt 2. This sale includes 3 properties. The 1st parcel is a 1 acre commercial lot with a 4939 sqft building. The building was last used as a Spa/Salon and previously as night clubs and restaurants. The building has 2 levels, the 1st having 2 large open areas that could be combined into one, 3 smaller rooms, one with a sink, 2 restrooms, one with washer/dryer hook ups, and a kitchenette area. The second floor has a large open area, 5 smaller rooms, and a restroom. 2 of the smaller rooms are equiped with sinks and 1 has a dryer connection. There is additional plumbing on both floors that was used for hair washing stations in the salon. The building has a gas boiler, HVAC systems, and a fire alarm system..The second parcel is a 5998 sqft commercial lot and the 3rd is a 25807 sqft residential lot. Stealing 183 sqft from the larger commercial lot potentially could get you 2 residential lots.
This listing includes 3 parcels of land including 1123 South Street, Map 200/Block 20, consisting of a building situated on 1 acre of land, 0 Minneapolis Ave, Map 200/Block 21, consiting of .14 Acres of land and 0 south Street, Map 202/Block 63, consisting of .57 Acres of land
This listing includes 3 parcels of land including 1123 South Street, Map 200/Block 20, consisting of a building situated on 1 acre of land, 0 Minneapolis Ave, Map 200/Block 21, consiting of .14 Acres of land and 0 south Street, Map 202/Block 63, consisting of .57 Acres of land
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,939 SF
Building Class
C
Year Built/Renovated
1935/2015
Price
$695,000
Price Per SF
$140.72
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.05 AC
Zoning
C and RA - Commercial/Residential
Frontage
136’ on South Street
Nearby Major Retailers
Property Taxes
| Parcel Number | FITC-000200-000020 | Improvements Assessment | $236,100 |
| Land Assessment | $272,300 | Total Assessment | $508,400 |
Property Taxes
Parcel Number
FITC-000200-000020
Land Assessment
$272,300
Improvements Assessment
$236,100
Total Assessment
$508,400
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1123 South Street Fitchburg Ma 01420 | 1123 South St
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