1298 Water St Fitchburg, MA 01420
Call to check price and availability
Thriving Business & Real Estate
Property size:
3,240 SFProperty Features for 1298 Water St
General Information
- Property type
- Flex space
- Square Feet
- 3,240 SF
- Lot Size
- 10,454 SF
Building Details
- Year Built
- 1930
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: KW Commerical North Central Listing Agent: Duncan Chapman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully operational auto repair shop and prime real estate in Fitchburg, Massachusetts. Located at 1298 Water St, this 3,240 square foot facility sits on a 0.24-acre lot (APN 154-52-0) and boasts a convenient location near major highways. Built in 1930, the single-story building is zoned NB, offering flexibility for continued operation or potential redevelopment. The property includes a fully equipped repair garage and a Massachusetts state inspection bay, ensuring a seamless transition for a new owner. The business has a strong track record, generating $1.2 million in sales in 2023. The asking price of $1,800,000 includes both the business and the real estate, representing a compelling price per square foot of $555.56 and a price per unit of $1,800,000. This established business enjoys a "By-Right" zoning designation, minimizing potential regulatory hurdles. This turnkey operation offers immediate income potential and significant long-term growth prospects within a thriving community. Financial information for the last two years is available upon request, subject to a non-disclosure agreement. This is a rare chance to acquire a successful business and valuable real estate in a desirable location. The property's strategic positioning and established reputation make it an ideal investment for both seasoned entrepreneurs and astute real estate investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
A&P Auto Inc
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Fitchburg
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7761134
- Latitude
- 42.5600851
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Thriving Business & Real Estate
Where is this flex space located?
The property is located at 1298 Water St Fitchburg, MA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Fully operational auto repair shop in Fitchburg, MA, generating $1.2M in 2023 sales.; 3,240 sq ft building on a 0.24-acre lot (APN 154-52-0), located near major highways.; $1,800,000 asking price includes both business and real estate; $555.56/sq ft.
