127 John Fitch HwyFitchburg, MA 01420

For Lease
$132/SF/YR View listing
  • Commercial real estate
  • 1.51 AC

Property Details for 127 John Fitch Hwy

Lot size
1.51 AC
Zone code
C
Property type
Commercial real estate
APN
FITC M:0098 B:0009 L:0
APU
FITCM0098B0009L0

Description

This exceptional 2,500 square foot commercial property, located at 127 John Fitch Highway in Fitchburg, Massachusetts (zip code 01420), presents a unique opportunity for a variety of businesses. Situated in Worcester County, this single-tenancy space offers a blend of traditional office, medical office, and creative office potential, making it adaptable to diverse needs. The property's retail zoning allows for a wide range of uses. Its prime location on a high-traffic commercial road boasts over 20,000 daily vehicle counts, as verified by a recent MRPC report, ensuring maximum visibility and accessibility for your business. The surrounding area is already home to established retail and commercial enterprises, creating a synergistic environment and promising strong foot traffic. Previously occupied by a successful retail operation, this space is ready for immediate occupancy and offers significant potential for growth and success. The property's versatile layout and high-traffic location make it an ideal investment for businesses seeking strong exposure and a thriving commercial environment. This is a rare opportunity to secure a prominent location in a bustling area of Fitchburg.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,406,138
    Hospitality
    $11,363,955
    Educational
    $9,454,678
    Medical
    $9,779,838
    Retail
    $14,707,276
127 John Fitch Hwy, Fitchburg, Massachusetts
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Location Insight

City
Fitchburg
County
Worcester
State
Massachusetts
Latitude
42.5746
Longitude
-71.7763
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,091
$278,600
$875,400
$1,154,000
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