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The Blackington Building 572 Main St 17,000 SF 100% Leased Retail Building Fiskdale, MA 01518 $650,000 ($38.24/SF)
Executive Summary
Here is your chance to own the Historic Blackington Building located in the charming town of Sturbridge, MA. The building contains 8,618 square feet, zoned CTD for commercial. The property is located right on Route 20 in a busy area of Sturbridge surrounded by retail stores, markets, breweries, restaurants and other business locations. Three tenants currently occupy the property. Tenants pay their own heat, cooling and electric. A dry sprinkler system has been installed in the building with yearly inspections. A 2.5 acre piece of land is included which provides ample parking for tenants, clients and customers. Plans were drawn up for a +50 parking spaces lot. Plenty of opportunity for future expansion or redevelopment and strong rental income and investment returns. Owner had approval and plans for development of loft style apartments on the second floor at one time. Construction to add a lift to the property can be seen in some of the photos.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,000 SF
Building Class
C
Year Built
1880
Price
$650,000
Price Per SF
$38.24
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.54
Lot Size
0.72 AC
Zoning
Commercial
Parking
6 Spaces (0.35 Spaces per 1,000 SF Leased)
Frontage
142’ on Main St
Amenities
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | STUR-000415-000000-002328-000570 | Improvements Assessment | $441,100 |
| Land Assessment | $144,400 | Total Assessment | $585,500 |
Property Taxes
Parcel Number
STUR-000415-000000-002328-000570
Land Assessment
$144,400
Improvements Assessment
$441,100
Total Assessment
$585,500
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
The Blackington Building | 572 Main St