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    17 Summer St Fitchburg, MA 01420

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    For Sale
    $90,000

    Commercial property in revitalizing downtown Fitchburg, near commuter rail.

    Lot size:
    0.02 Acres

    Property Features for 17 Summer St

    General Information

    Lot size
    0.02 Acres

    Building Details

    Year built
    1900

    Source: LAER Realty Partners Agent John Lawrence Despres

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

    Overview

    Downtown Fitchburg Commercial Property

    Located in downtown Fitchburg, this 728 square foot commercial property includes a full basement and features ceilings exceeding 20 feet that span the building's footprint. The property has been updated with new floors and fresh paint. Positioned in a prime location with new streets and sidewalks, it offers convenient access to the commuter rail to Boston. The surrounding area is experiencing revitalization, with a $25 million redevelopment project next door that transformed two historic brick buildings into 45 residential units with ground-level retail and underground parking. Across the street, Identity Coffee Co. has opened in a new building. Additionally, City Hall underwent a $20 million renovation, and Darios has reopened in a new space. This property is suited for entrepreneurs seeking to establish a business in a growing downtown corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7902311
    Latitude
    42.5813524

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    FAQs

    What type of property is this?
    Storefront property - Commercial property in revitalizing downtown Fitchburg, near commuter rail.
    Where is this storefront property located?
    The property is located at 17 Summer St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Prime A+ location in downtown Fitchburg's revitalization area with new infrastructure.; - Easy access to the commuter rail for convenient travel to Boston.; - **728 sq ft commercial space featuring a full basement and impressive 20'+ ceilings.**
    (857) 274-8052
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    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
    17 Summer St Fitchburg, MA 01420
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