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Mixed-Use Income Property
For Sale
$579,000

104-108 Parker St, Gardner, MA 01440

Fully occupied mixed-use building with two commercial units and two residential apartments.

Property Size6,958 SF
Price / SF$83.21
Days on Market74

Property Features for 104-108 Parker St

General Information

Standard status Active
Size 6,958 SF
Property subtype 4 Family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1888
Tenancy Multi
Listing Agency: eXp Realty LLC
Listed By: Candor Investment Group
Source: Lockandkeyre
Added: Jun 23 Changed: Sep 3 Last Checked: Sep 4 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC

Investment Insights

Based on property information with market context.

This fully occupied mixed-use property includes two commercial units and two residential apartments within a single building. The first-floor commercial space is leased to a medical spa, while the third-floor commercial space is leased to an art studio. Two residential apartments are situated between the commercial spaces, creating a straightforward vertical layout for tenants.

The property is described as being in a high-visibility downtown location with nearby parking options, including ample off-street, metered on-street, and nearby municipal parking. It is also positioned within walking distance to shops, restaurants, public transportation, and other everyday services.

A detached 3-car garage with a spacious second level is included, providing practical storage and additional flexibility.

Key Highlights

  • Mixed‑use building built in 1888 with 2 commercial units and 2 residential apartments
  • Fully occupied property generating $75,180 in annual gross income
  • First‑floor commercial space is occupied by a medical spa

Property Analytics

Current Use

The Black Dove Studio Art Studio

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01440, MA

21,577
Population
9,600
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
24.5 sq mi
ZIP Area
881
Density / Sq Mi
$63,526
Median Household Income
$43,737
Median Earnings
$1,071
Median Rent
$270,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • EZ Steam Club 286 West St, Gardner, MA 01440

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Fully occupied mixed-use building with two commercial units and two residential apartments.
Where is this spa & wellness property located?
The property is located at 104-108 Parker St Gardner, MA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Mixed‑use building built in 1888 with 2 commercial units and 2 residential apartments; Fully occupied property generating $75,180 in annual gross income; First‑floor commercial space is occupied by a medical spa
More about this property
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