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    109 Oak Hill Rd Fitchburg, MA 01420

    Sponsored
    For Sale
    $335,000

    Half-acre lot, renovated building, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This unique 0.42-acre property at 109 Oak Hill Rd, Fitchburg, MA, presents a remarkable investment opportunity. Currently zoned RC for mixed use, this building offers immense potential for conversion into residential housing or a vibrant function hall. Previously operating as the St. Joseph social club, the property boasts a recently installed roof and has undergone professional cleaning. The upper level features a spacious function room, a bar area, a fully equipped commercial kitchen, and two restrooms. The lower level includes a second kitchen, a full bar, additional restrooms, an office, and a large open area previously used for recreational activities like pool and darts. Utilities are connected and the property is ready for immediate viewing. The building's layout and existing infrastructure provide a solid foundation for a variety of uses. Buyers are responsible for conducting their own due diligence, and obtaining any necessary special permits for their intended use. This is a truly exceptional opportunity to acquire a versatile property in a desirable location. Bring your vision and transform this space into a thriving business or residential complex. The asking price is $335,000.

    Property Features for 109 Oak Hill Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.82221
    Latitude
    42.57842

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre lot, renovated building, huge potential.
    Where is this commercial real estate located?
    The property is located at 109 Oak Hill Rd Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $335,000.
    (978) 777-4444
    Request Owner's contact information
    109 Oak Hill Rd Fitchburg, MA 01420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Oak Hill Rd Fitchburg, MA 01420
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