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    85-87 Water St Fitchburg, MA 01420

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    For Sale
    $750,000

    8,500 SF refrigerated warehouse suitable for food distribution.

    Lot size:
    0.74 Acres

    Property Features for 85-87 Water St

    General Information

    Lot size
    0.74 Acres

    Building Details

    Year built
    1920

    Source: Century 21 North East Agent Bruce Gallant

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

    Overview

    Refrigerated Warehouse for Distribution

    This +/- 8,500 sq. ft. property offers specialized refrigeration and freezer storage, suitable for meat, seafood, or produce distribution. The space, most recently home to a meat distribution company, features 7 dock-level and ground-level doors. The property's refrigeration and freezer storage capabilities are designed for perishable goods, ensuring products are stored at optimal temperatures. Additional land is available for vehicle storage. There is also the potential for rezoning to the commercial business district.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7953482
    Latitude
    42.5802316

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    FAQs

    What type of property is this?
    Distribution property - 8,500 SF refrigerated warehouse suitable for food distribution.
    Where is this distribution property located?
    The property is located at 85-87 Water St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - +/- 8,500 sq. ft. of specialized refrigeration and freezer storage.; - Features 7 dock-level and ground-level doors for easy access and logistics.; - Ideally suited for meat, seafood, or produce distribution.
    (978) 537-1900
    Request Owner's contact information
    85-87 Water St Fitchburg, MA 01420
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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
    85-87 Water St Fitchburg, MA 01420
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