Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    520 Main St Fitchburg, MA 01420

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $385,000

    Land parcel in revitalizing downtown area with many possibilities.

    Lot size:
    0.36 Acres

    Property Features for 520 Main St

    General Information

    Lot size
    0.36 Acres

    Source: LAER Realty Partners Agent Tracy Sladen

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

    Overview

    Main Street Land Opportunity

    This parcel of land is an opportunity located in the heart of Main Street. The lot, formerly the site of the Johnsonia Hotel, offers possibilities in a bustling city. Situated in an Opportunity Zone, the property has no setback or height requirements. It is located next to a large parking garage and is minutes from the train and bus station, Fitchburg State University, and new residential units.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8001988
    Latitude
    42.5830297

    Nearby Similar for Sale

    • $225,000

      Fitchburg Commercial Office Space

      2,600+ sq. ft. commercial office in revitalized downtown Fitchburg.
      285 Main St, Fitchburg, MA 01420
      View Details
    • $599,888

      Fitchburg Commercial Property for Sale

      Established neighborhood retail property with multiple income streams.
      169 High St, Fitchburg, MA 01420
      View Details
    • $574,888
      0.90 Acres

      Fitchburg Multiuse Property For Sale

      Multiuse property with system updates, flexible floor plan, corner lot.
      58 Oliver St, Fitchburg, MA 01420
      View Details
    • $499,000
      Pending

      Renovated Two-Family Home in Fitchburg

      Two renovated units, great for owner-occupants or investors.
      133-137 Laurel St, Fitchburg, MA 01420
      View Details
    • $599,888

      Fitchburg Retail Opportunity For Sale

      Established neighborhood retail property with multiple income streams.
      169 High St, Fitchburg, MA 01420
      View Details
    • New
      $325,000
      2,115 SF

      Fitchburg Two-Family Investment Opportunity

      Two-unit property near downtown Fitchburg, ideal for investors or owner-occupants.
      205-207 High St, Fitchburg, MA 01420
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land parcel in revitalizing downtown area with many possibilities.
    Where is this commercial land located?
    The property is located at 520 Main St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Prime location on Main Street in a revitalizing downtown area.; - Located in an Opportunity Zone, offering potential tax benefits.; - No setback or height restrictions, allowing for flexible development.
    (978) 870-7572
    Request Owner's contact information
    520 Main St Fitchburg, MA 01420
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    520 Main St
    Fitchburg, MA 01420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    520 Main St Fitchburg, MA 01420
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.