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    Sterling, MA Hospitality Properties for Sale

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    Leominster, MA West Boylston, MA Clinton, MA
    Mixed-Use Development Land Opportunity
    $799,000
    0.00 Acres
    Mixed-Use Development Land Opportunity

    223 Worcester Road, Sterling, MA 01564

    Mixed-use zoned land with an existing inn structure, marketed as suitable for a 40B development project.
    • 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
    Updated: Jun 2, 2025
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    Sterling Inn Redevelopment Opportunity
    $500,000
    11,934 SF
    Sterling Inn Redevelopment Opportunity

    240 Worcester Rd, Sterling, MA 1564

    Historic Sterling Inn with redevelopment potential on 5.3 acres.
    • 5.3 acres of land comprised of two deeded properties.
    • Prime redevelopment/restoration opportunity for the historic Sterling Inn.
    • Nearly 12,000 sq ft of interior space in the existing Sterling Inn structure.
    • Located at the base of Mt. Wachusett, offering proximity to outdoor activities.
    • Zoned for mixed‑use development, allowing for various possibilities.
    Updated: Nov 28, 2023
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Sterling, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Northborough Hospitality Asset For Sale
    $7,200,000
    7,000 SF
    Northborough Hospitality Asset For Sale

    77-key motel and 7,000 SF restaurant in Northborough, MA.

    380 Sw Cutoff, Northborough, MA 1532

    View details
    Northborough Hospitality Asset For Sale
    $7,200,000
    7,000 SF
    Northborough Hospitality Asset For Sale

    77-key motel and 7,000 SF restaurant in Northborough.

    380 SW Cutoff, Northborough, MA 1532

    View details
    Former Wagon Wheel Campground For Sale
    $1,490,000
    79.30 Acres
    Former Wagon Wheel Campground For Sale

    79.3-acre property with development potential and recreational opportunities.

    909 Wendell Rd, Warwick, MA 1378

    View details
    Former Wagon Wheel Campground
    $1,350,000
    79.30 Acres
    Former Wagon Wheel Campground

    79.3-acre property with development and recreation potential.

    909 Wendell Rd, Warwick, MA 1378

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hopkinton Land Site on Route 135
    Contact for pricing
    7.29 Acres
    Hopkinton Land Site on Route 135

    Prime 7.29 acre land site in affluent Hopkinton, MA.

    124 E Main St, Hopkinton, MA 1748

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    Agricultural Wooded Industrial Land
    Contact for pricing
    5.34 Acres
    Agricultural Wooded Industrial Land

    Vacant wooded land within a former paper mill campus with available soil testing resources and highway visibility.

    Ashuelot Main Street lot: 0 Block 66, Winchester, NH 03470

    View details
    Stafford Land Development Opportunity
    $400,000
    44.00 Acres
    Stafford Land Development Opportunity

    44 acres of approved land suitable for residential development.

    200 Orcuttville Road, Stafford, CT 06076

    View details
    Prime Land I-295 Frontage
    $7,900,000
    Prime Land I-295 Frontage

    Land with high visibility and traffic for multiple uses.

    1987 Plainfield Pike, Johnston, RI 2919

    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.

    59 Laurelwood Rd
    HOTEL-RESORT
    27,472 SF Lot: 2.72 Acres
    Estimated value
    $895,000

    59 Laurelwood Rd, Sterling, MA 01564-2220

    View details
    240 Worcester Rd
    HOTEL-RESORT
    11,934 SF Lot: 1.64 Acres

    240 Worcester Rd, Sterling, MA 01564-1473

    View details

    Sterling, MA Hospitality Properties Market Trends and Statistics

    Explore 4 hospitality properties for sale in Sterling, MA on our real estate platform. These investment opportunities span a total of 11,934 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for hospitality properties 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

    Hotels 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 $500K

    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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