Building Details

Year Built 1908

Listing Agency: Keller Williams Realty-Merrimack Show Phone

Listed By: The Espinola Group Show Phone

Source: Condonrealty

Added: Oct 19 Changed: Oct 25 Last Checked: Oct 29 at 7:33PM

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Investment Insights

Based on property information with market context.

This commercial land offering includes the former Sterling Inn, a building constructed in 1908 with nearly 12,000 square feet of interior space. The property at 240 Worcester Road covers 1.6 acres and is sold together by deed with the adjacent 3.7-acre mixed-use parcel at 223 Worcester Road, bringing the combined site to 5.3 acres. Zoning is TCD, Legal Conforming.

The property is situated at the base of Mt. Wachusett, with hiking and skiing described as minutes away.

Key Highlights

• Combined 5.3‑acre property across 240 and 223 Worcester Road
• Existing building dates to 1908 and contains nearly 12,000 square feet
• Includes a 1.6‑acre parcel and an adjoining 3.7‑acre mixed‑use lot

Property Analytics

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Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Plumbing Service Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

161

Businesses Nearby

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Demographics for 01564, MA

7,985

Population

3,298

Households

2.4

Avg Household Size

48

Median Age

53%

College-Educated

95%

High-School Grad

30.6 sq mi

ZIP Area

261

Density / Sq Mi

$136,027

Median Household Income

$78,506

Median Earnings

$1,606

Median Rent

$467,400

Median Home Value

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Historic Office Building

235 Worcester Road, Sterling, MA 01564

$625,000

2,120 SF

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Industrial Property with Outdoor Storage

4 Campground Rd, Sterling, MA 01564

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Frequently Asked Questions

What type of property is this?

Commercial land - The property combines a historic structure with an adjoining mixed-use parcel, totaling 5.3 acres.

Where is this commercial land located?

The property is located at 240 Worcester Road Sterling, MA.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Combined 5.3‑acre property across 240 and 223 Worcester Road; Existing building dates to 1908 and contains nearly 12,000 square feet; Includes a 1.6‑acre parcel and an adjoining 3.7‑acre mixed‑use lot