Commercial

Sterling, MA Commercial Land for Sale

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Leominster, MA West Boylston, MA Clinton, MA
Development Opportunity Near Mt. Wachusett
Updated: Apr 25
Development Opportunity Near Mt. Wachusett

240 Worcester Road, Sterling, MA 1564

$500,000
12,000 sqft · 5.30 AC lot
5.3 acres of land including 1.6 acres with the Sterling Inn
Significant redevelopment or restoration potential for the historic Sterling Inn
Prime location at the base of Mt. Wachusett, offering proximity to outdoor activities
Nearly 12,000 sq ft of interior space in the Sterling Inn
Opportunity to create a mixed‑use community with residential and retail components
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Mixed-Use Development Land Opportunity
Updated: Jun 2, 2025
Mixed-Use Development Land Opportunity

223 Worcester Road, Sterling, MA 01564

$799,000
3.7‑acre mixed‑use zoned land parcel at 223 Worcester Road for residential, commercial, or combined development
Includes the Sterling Inn at 240 Worcester Road on an additional 1.6 acres with nearly 12,000 sq ft of existing structure
Combined 5.3‑acre site with mixed‑use zoning and existing building for potential redevelopment or conversion
Property is located on a well‑traveled road minutes from Mt. Wachusett
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Sterling Inn Redevelopment Opportunity
Sterling Inn Redevelopment Opportunity

240 Worcester Rd, Sterling, MA 1564

$500,000
11,934 sqft · 5.30 AC lot

Historic Sterling Inn with redevelopment potential on 5.3 acres.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Sterling, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hudson Land Development Opportunity
Hudson Land Development Opportunity

Washington Street, Hudson, MA 01749

$594,900
15.39 AC lot

15.39 acres in MetroWest I-495 corridor, Hudson, MA.

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Commercial Land For Sale
Commercial Land For Sale

339 Old Central St, Berlin, MA 1503

$750,000

Commercial land available for sale.

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Land For Sale
Land For Sale

339 Old Central St, Berlin, MA 1503

$750,000
1.10 AC lot

Commercial land available for sale.

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Commercial Land For Sale
Commercial Land For Sale

29 South St, Hudson, MA 1749

$2,000,000
0.24 AC lot

Commercial land available for sale.

View details

Off-Market Properties in Sterling, MA

Consider similar Off-Market properties in Sterling, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

49 Laurelwood Rd
VACANT COMMERCIAL LAND

49 Laurelwood Rd, Sterling, MA 01564-2220

Value Estimation by Request
1,176 sqft · 1.01 AC lot
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4 Jewett Rd
VACANT COMMERCIAL LAND

4 Jewett Rd, Sterling, MA 01564-2628

Value Estimation by Request
1.43 AC lot
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46 Worcester Rd
VACANT COMMERCIAL LAND

46 Worcester Rd, Sterling, MA 01564-1466

Value Estimation by Request
1.61 AC lot
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Chocksett Rd
VACANT COMMERCIAL LAND

Chocksett Rd, Sterling, MA 01564

Value Estimation by Request
13.74 AC lot
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134 Leominster Rd
VACANT COMMERCIAL LAND

134 Leominster Rd, Sterling, MA 01564-2113

Value Estimation by Request
0.95 AC lot
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114 Laurelwood Rd
VACANT COMMERCIAL LAND

114 Laurelwood Rd, Sterling, MA 01564

Value Estimation by Request
0.86 AC lot
View details

Sterling, MA Commercial Land Market Trends and Statistics

Explore 9 commercial land for sale in Sterling, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,934 square feet of properties for sale, with an estimated market value of $1,000,000.

Sale prices for commercial lots in Sterling, MA start at $500,000, averaging $500,000, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Industrial land 2

Demographics Overview

Population 8,111
Population Growth (5Y) +0.7%
Median Household Income $136,027
College Educated 76.0%

High-Yield Neighborhoods for Investment

Identify Sterling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01564 $599.7K

Taxes & Financing

Tax Rate (average for all types) 1.32%
Property Tax per SF $37.61 per SF
Tax Rate vs County Average 0.49 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

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