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395 Water St Fitchburg, MA 01420

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For Sale
$250,000

Prime Mixed-Use Property, Huge Potential

Property Features for 395 Water St

General Information

Property type
Other commercial real estate
Lot Size
3,485 SF

Building Details

Year Built
1900

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Listing Contact
Kathryn Daviau

Listing Agency: Lock and Key Realty Inc. Listing Agent: Kathryn Daviau

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This unique 0.08-acre property at 395 Water St, Fitchburg, MA, presents a remarkable redevelopment opportunity. The former fire station, currently out of service, is primed for a new owner to complete its transformation. Extensive restoration work has already been undertaken, including a brand new rubber roof (2020), repointing of the entire structure, and the complete re-framing and roofing of the hose tower with synthetic slate (2020). All windows have been replaced with new vinyl units (approximately 2020). A new gas heating system is in place, and a new AC unit is on-site, ready for installation. Engineering plans, expired building permits, and an expired special permit for mixed-use development are available. The original plan envisioned a first-floor contractor's office/storage facility and a modern two-bedroom, one-bathroom apartment on the second floor, complete with a laundry room. This exceptional offering also includes the adjacent vacant lot at 412 Water St., adding significant value and potential. The property is priced at $250,000 and offers a rare chance to acquire a substantial building with significant pre-existing renovations, ready for completion or a fresh vision. This is an ideal investment for contractors, developers, or investors seeking a unique and high-potential project in a desirable location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Fitchburg
County
Worcester
State
Massachusetts
Longitude
-71.79082
Latitude
42.57491

FAQs

What type of property is this?
Commercial real estate - Prime Mixed-Use Property, Huge Potential
Where is this commercial real estate located?
The property is located at 395 Water St Fitchburg, MA.
What is the asking price?
The asking price for this property is $250,000.
More about this property
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