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Property profile & analytics
FOR SALE
Retail space

3 Pershing St Fitchburg, MA 01420

2,854 SF 0.14 ac lot Built 1910
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1173817
Property summary
AI-generated overview

This exceptional commercial property, located at 3 Pershing St in Fitchburg, MA, presents a unique investment opportunity. Situated on a 0.14-acre lot, this building offers over 2700 square feet of adaptable space, perfect for a variety of commercial ventures. The property's zoning allows for diverse uses, including retail, contracting, sales, or any other suitable commercial enterprise. The building's layout includes a dedicated front office area, ideal for client interaction and creating a professional first impression. Beyond the reception area, the substantial remaining space provides ample room for product storage, supplies, warehousing, or any other operational needs. The building's history includes previous use as both a retail store and a distribution business, demonstrating its versatility and suitability for a range of commercial applications. The property is priced at $219,900 and offers the attractive advantage of seller financing, making it an even more accessible option for prospective buyers. This is a prime opportunity to establish or expand your business in a convenient and well-positioned location. The combination of flexible space, desirable zoning, and seller financing makes this property a compelling investment prospect. Don't miss this chance to secure a thriving commercial space in a vibrant community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 2,854 SF
Lot 0.14 ac (6,042 SF)
Zoning code RB
APN FITC M:0088 B:0113 L:0
UPID US38-1173817
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Future Bearings INC · 9 yrs held
Future Bearings INC
since 2016
6 recorded transactions
2016
Price N/A
2007
$133,000
2003
Price N/A
1997
Price N/A
1988
Price N/A
1987
$790,000
Zoning & alternative use
RB · Fitchburg, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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