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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

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    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.
    (617) 542-9300
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    17 Riverlin St Millbury, MA 01527
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    Millbury, MA 01527
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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 Riverlin St Millbury, MA 01527
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