Listed By: Rob Robledo Show Phone

Added: Dec 26, 2024 Changed: Mar 16

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Investment Insights

Based on property information with market context.

Located at 147 Water Street in Fitchburg, Massachusetts, this 2,176 square foot retail space is a highly visible endcap unit with a drive-through, situated on Route 12. It benefits from its location within a strong retail center, shadow-anchored by a Market Basket and Crunch Fitness, ensuring high traffic and visibility. The property shares the center with established businesses including Family Dollar, Domino's Pizza, and a Green Leaf Dispensary, creating a synergistic retail environment. A prominent pylon sign enhances visibility from the road. Ample parking is available, providing convenient customer access. The space is ideal for a single tenant seeking a high-traffic location with excellent visibility and convenient access. The property is classified as both retail residential and mixed-use. Further details regarding lease terms and pricing are available upon request.

Property Analytics

Current Use

Retail residential properties

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Auto Parts Store Hair Salon Spa & Massage Center

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

192

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Retail residential property - Retail | Single tenant | 2,176 sq. ft.

Where is this retail residential property located?

The property is located at 147 Water Street Fitchburg MA 01420 Fitchburg, MA.