Historic Mixed-Use
For Sale
$1,050,000
131-133 Elm St., Millbury, MA 01527
Mixed-use property with commercial space and three updated residential units plus an adjoining developable lot.
Property SizeContact for details
Days on Market68
Property Features for 131-133 Elm St.
General Information
Standard status
Active
Property subtype
Commercial
Zoning
R1, Legal Conforming
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,406
Building Details
Year Built
1860
Listing Agency:
Northbound Realty Co
(508) 243-8044
Listed By:
Sheila Brady-Savard
(508) 243-8044
Source:
Janicemitchellre
Added: Jun 3
Changed: Aug 8
Last Checked: Jun 4 at 2:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northbound Realty Co
Investment Insights
Based on property information with market context.
Offered as two parcels, this historic Federalist building dates to 1860 and is described as architecturally significant and beautifully maintained. The 131 Elm St. parcel includes a commercial space and three residential units. The residences are described as spacious, bright, and beautifully updated, with a layout that feels more like townhomes than apartments. The property also features an attached barn with build-out potential, along with a backyard that includes a patio and professional landscaping.
The second parcel, 133 Elm St., includes an adjoining residentially developable lot described as 0.49 acre. The property is positioned with direct access to Route 146, with Worcester and I-90 reached within minutes.
This offering combines an existing mixed-use structure with an adjacent development opportunity, providing flexibility for future use of the additional parcel.
The second parcel, 133 Elm St., includes an adjoining residentially developable lot described as 0.49 acre. The property is positioned with direct access to Route 146, with Worcester and I-90 reached within minutes.
This offering combines an existing mixed-use structure with an adjacent development opportunity, providing flexibility for future use of the additional parcel.
Key Highlights
- Federalist structure built in 1860, offered as two parcels: 131 Elm St and 133 Elm St
- 131 Elm St mixed‑use building with commercial space and 3 residential units
- 3 residential units are described as spacious and beautifully updated, with a townhome‑like feel
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 01527, MA
13,799
Population
5,603
Households
2.5
Avg Household Size
44
Median Age
33%
College-Educated
94%
High-School Grad
15.6 sq mi
ZIP Area
885
Density / Sq Mi
$116,000
Median Household Income
$62,911
Median Earnings
$1,507
Median Rent
$415,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with commercial space and three updated residential units plus an adjoining developable lot.
Where is this mixed-use property located?
The property is located at 131-133 Elm St. Millbury, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Federalist structure built in 1860, offered as two parcels: 131 Elm St and 133 Elm St; 131 Elm St mixed‑use building with commercial space and 3 residential units; 3 residential units are described as spacious and beautifully updated, with a townhome‑like feel
