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17 Riverlin St Millbury, MA 01527

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For Sale
$199,000

Fully leased commercial property with high visibility and stable income.

Lot size:
0.05 Acres

Property Features for 17 Riverlin St

General Information

Lot size
0.05 Acres

Building Details

Year built
1920

Source: OwnerEntry.com Agent Dave White

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


Overview

Turnkey Commercial Investment Opportunity

This fully leased commercial property, owned for over 33 years, presents a turnkey investment opportunity at a high-traffic location in Millbury. The 420 square foot building is 100% occupied with an auto-renewing lease. The property offers separate tenant-paid utilities, off-street parking, and exceptional visibility. Its strategic position provides quick access to I-90, I-290, and Routes 9, 20, 122, and 140. The lease includes annual rent increases. The Net Operating Income for 2025 is projected to be $13,514. The property is suitable for investors seeking a cash-positive asset with predictable returns in a commuter location.
Insight Report Location Intelligence

Current Use by Public Records

Doggy Styles Pet Groomer

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
Millbury
County
Worcester
State
Massachusetts
Longitude
-71.7517735
Latitude
42.1934774

FAQs

What type of property is this?
Storefront property - Fully leased commercial property with high visibility and stable income.
Where is this storefront property located?
The property is located at 17 Riverlin St Millbury, MA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: - High-traffic gateway location with exceptional visibility.; - 100% occupancy with a stable tenant and auto-renewing lease.; - Attractive CAP rate with projected increases to 8.0% by 2027.
More about this property
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