Property profile

281 Lunenburg St Fitchburg, MA 01420

OFF-MARKET
Turn key restaurants
Property ID
US38-1101563
14,390 SF 0.53 ac lot Built 1970
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction FRAME
Total area 14,390 SF
Lot 0.53 ac (23,200 SF)
Zoning code C
APN FITC M:0035 B:0016 L:A
UPID US38-1101563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

281 Lunenburg St Fitchburg, MA 01420-4503
Fitchburg metro Census 710100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
Last sale
$263,273
6 recorded transactions
2025
$242,000
2023
Price N/A
2022
$263,273
2011
$250,000
2003
$35,000
1999
$120,000

Zoning & alternative use

C · Fitchburg, MA
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 281 Lunenburg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message