320 River St
Fitchburg, MA 01420
SELF STORAGE - NORTH CENTRAL MA / 20%+ CAP · Specialty Property For Sale · 33,120 SF
PROPERTY FACTS
Property Type | Specialty |
Building Size | 33,120 SF |
No. Stories | 3 |
Year Built | 1900 |
ABOUT 320 RIVER ST , FITCHBURG, MA 01420
POTENTIAL 20% CAP RATE !!! 33,000 SF BUILDING WITH APPROXIMATELY 17,000 OF LEASABLE SELF-STORAGE SPACE. SPACE IS APPROXIMATELY 20-30% FULL WITH MAINLY DOCUMENT STORAGE, BUT COULD BE FILLED QUICKLY. 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. SELLER WILL CONSIDER A SALE OF THE BUILDING FOR CANNABIS USE, BUT DUE TO THE TIME IT WILL TAKE FOR APPROVALS, ETC. THE PRICE IS $100K HIGHER AT $596,380.
ZONING
Zoning Code | C&A |
Listing ID: 15477205
Date on Market: 3/18/2019
Last Updated:
Address: 320 River St, Fitchburg, MA 01420
The Specialty Property at 320 River St, Fitchburg, MA 01420 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.