240 Worcester Rd Sterling, MA 01564

This exceptional property presents a unique development opportunity encompassing two parcels totaling 5.3 acres. The historic Sterling Inn, situated near the base of Mt. Wachusett, boasts approximately 12,000 square feet of interior space on a 1.6-acre lot. The property at 240 Worcester Road offers significant potential for restoration or conversion into townhomes or condominiums. Adjacent to the Inn, at 223 Worcester Road, lies a 3.7-acre parcel of mixed-use land, providing further development possibilities. This combined acreage allows for the creation of additional townhomes, retail space, or a blend of both. Comprehensive documentation is available, including perk testing and cost estimates for townhome conversion and development. The property's location and size offer considerable flexibility for a variety of development projects, making it an attractive investment for those seeking a high-impact venture. The existing structure and the adjacent land present a rare opportunity to create a thriving community asset. All necessary documents, including those detailing perk testing and estimated costs for conversion and development of townhomes, are readily available for review. This is a truly remarkable opportunity to capitalize on a prime location and substantial acreage. The asking price for this combined property is $844,900.