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Fitchburg Commercial Investment Opportunity
For Sale
$695,000
Pending

1123 South St, Fitchburg, MA 01420

Three-parcel investment opportunity near Route 2 with commercial building.

Property Size7,774 SF
Lot Size1.71 Acres
Days on Market267

Property Features for 1123 South St

General Information

Standard status Pending
Size 7,774 SF
Lot size 1.71 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,412

Building Details

Building Size 7,774 SF
Year Built 1935
Listing Agency: Century 21 North East
Listed By: Robert Denault · License #454501513
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 16 Last Checked: Aug 20 at 7:47AM

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 Century 21 North East

Investment Insights

Based on property information with market context.

This sale presents an investment opportunity encompassing three properties. The first parcel is a 1-acre commercial lot improved with a 4,939-square-foot, two-level building. The building's layout includes two large open areas that can be combined, along with three smaller rooms, one of which has a sink, two restrooms (one with washer and dryer hookups), and a kitchenette area on the first floor. The second floor features a large open area, five smaller rooms, and a restroom. Two of the smaller rooms are equipped with sinks, and one has a dryer connection. Additional plumbing is present on both floors, previously used for hair washing stations in a salon. The building is equipped with a gas boiler, HVAC systems, and a fire alarm system. The building has been used as a spa/salon, night clubs, and restaurants. The second parcel is a 5,998-square-foot commercial lot, and the third is a 25,807-square-foot residential lot. Reallocating 183 square feet from the larger commercial lot could potentially create two residential lots.

Key Highlights

  • Includes 3 properties: a 1‑acre commercial lot with a 4939 sqft building, a 5998 sqft commercial lot, and a 25807 sqft residential lot.
  • The 4939 sqft building has a versatile layout with large open areas and multiple smaller rooms on two levels.
  • Building is equipped with a gas boiler, HVAC systems, and a fire alarm system.

Property Analytics

Current Use

Genesis Salon Hair Salon Fitchburg Debt Consolidation Financial Advisor Alicia Favreau Alternative Medicine Practice MD Esthetics Spa & Massage Center

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Parking Lot & Garage Auto Parts Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
170k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Groceries 24% Shops & Services 10% Electronics 2%
Hannaford Groceries
40,599 visits/mo 0.4 miles
McDonald's Dining
25,837 visits/mo 0.1 miles
Dunkin' Donuts Dining
20,448 visits/mo 0.1 miles
Burger King Dining
14,846 visits/mo 0.2 miles
Buffalo Wild Wings Dining
14,050 visits/mo 0.3 miles

Demographics for 01420, MA

41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Three-parcel investment opportunity near Route 2 with commercial building.
Where is this storefront property located?
The property is located at 1123 South St Fitchburg, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Includes 3 properties: a 1‑acre commercial lot with a 4939 sqft building, a 5998 sqft commercial lot, and a 25807 sqft residential lot.; The 4939 sqft building has a versatile layout with large open areas and multiple smaller rooms on two levels.; Building is equipped with a gas boiler, HVAC systems, and a fire alarm system.
More about this property
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