Sterling Inn Redevelopment
240 Worcester Rd Sterling, MA 01564
240 Worcester Rd, Sterling, MA, 01564
Contact for pricing
For Sale
Contact for pricing
Historic Sterling Inn with redevelopment potential on 5.3 acres.
Property Size11,934 SF
Lot Size5.30 Acres
Price / SF$66.95
Days on Market964
Property Features for 240 Worcester Rd
General Information
- Standard status
- Active
- Size
- 11,934 SF
- Lot size
- 5.30 Acres
- Property subtype
- Hospitality, Industrial
Building Details
- Year Built
- 1908
Listing Agency
KW Commercial Merrimack Valley
(978) 692-3280
Listed by
KELLY ESPINOLA · License #MA 9046390
Source
Crexi
Added: Nov 28, 2023 Checked: Jul 17 at 8:55 am
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 KW Commercial Merrimack Valley
Investment Insights
Based on property information with market context.
A redevelopment opportunity awaits with the historic Sterling Inn, situated at the base of Mt. Wachusett. The property includes the Sterling Inn on 1.6 acres with nearly 12,000 sq ft of interior space and an adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres. Both 240 and 223 Worcester Road are deeded together. The property offers the potential to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components. The location combines small-town charm with development potential and is just minutes from hiking, skiing, and outdoor adventure.
Key Highlights
- 5.3 acres of land comprised of two deeded properties.
- Prime redevelopment/restoration opportunity for the historic Sterling Inn.
- Nearly 12,000 sq ft of interior space in the existing Sterling Inn structure.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Historic Sterling Inn with redevelopment potential on 5.3 acres.
Where is this commercial land located?
The property is located at 240 Worcester Rd 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: 5.3 acres of land comprised of two deeded properties.; Prime redevelopment/restoration opportunity for the historic Sterling Inn.; Nearly 12,000 sq ft of interior space in the existing Sterling Inn structure.
