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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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.

    Turnkey Boutique Hospitality Property
    Turnkey Boutique Hospitality Property

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    4,002 sqft 0.18 AC lot

    Pre-zoned LS-5 hospitality use with fully furnished interiors, rooftop communal amenities, and dedicated paved off-street parking.

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    Waterfront Inn on Jenness Pond
    Waterfront Inn on Jenness Pond

    275 Jenness Pond Rd, Northwood, NH 03261

    $2,095,000
    4,800 sqft 5.03 AC lot

    Five-acre waterfront property with 28-room inn and spacious residence.

    View details
    Boutique Hotel with Rooftop Pool
    Boutique Hotel with Rooftop Pool

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    0.18 AC lot

    Turnkey, fully furnished hospitality property with rooftop pool and on-site off-street parking for short-term stays or hotel operations.

    View details
    Waterfront Property on Jenness Pond
    Waterfront Property on Jenness Pond

    275 Jenness Pond Rd, Northwood, NH

    $2,095,000
    5.07 AC lot

    Five-acre waterfront property with redevelopment potential on Jenness Pond.

    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.

    Commercially Zoned Development Land
    Commercially Zoned Development Land

    Indian Brook Drive, Dover, NH 03820

    $3,400,000
    3.11 AC lot

    A 3.11-acre commercially zoned site in Dover, suited for new development planning and future commercial uses.

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    Business District Development Land
    Business District Development Land

    Rt 10, Grantham, NH 03753

    $875,000
    13.43 AC lot

    Commercially zoned land at a high-traffic intersection, well suited for a range of business development concepts.

    View details
    Hotel and Multi-Use Development Land
    Hotel and Multi-Use Development Land

    660 Sherman Avenue, Hamden, CT 06514

    $1,600,000
    10.61 AC lot

    Large development parcel with prior approvals for a 112-unit hotel, offering flexibility for multifamily or student housing redevelopment.

    View details
    Historic Germantown Property For Sale
    Historic Germantown Property For Sale

    207 Main St, Germantown, NY 12526

    $1,450,000
    8,656 sqft 1.78 AC lot

    Redevelopment opportunity in the heart of Germantown, New York.

    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

    59 Laurelwood Rd, Sterling, MA 01564-2220

    $895,000
    Estimated value
    27,472 sqft 2.72 AC lot
    View details
    240 Worcester Rd
    HOTEL-RESORT

    240 Worcester Rd, Sterling, MA 01564-1473

    Value Estimation by Request
    11,934 sqft 1.64 AC lot
    View details

    Sterling, MA Hotels Market Trends and Statistics

    Explore 3 hotels for sale in Sterling, MA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for resorts in Sterling, MA start at $799,000, averaging $799,000, and reaching up to $799,000 — 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 1

    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 $649.5K

    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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