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    Property profile & analytics

    346 Riv St Fitchburg, MA 01420-2960

    • Retail space
    • 2,840 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Oct 24, 2023
    Location Intelligence
    Property ID
    US38-0468287
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Healing Center - Fitchburg Cannabis Dispensary / Cannabis Store

    Property Details for 346 Riv St

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    2,840 SF
    Zone code
    C
    Property type
    Retail space
    APN
    FITC M:0051 B:0010 L:0
    APU
    FITCM0051B0010L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.819
    Latitude
    42.582
    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
    $6,528
    $120,400
    $320,400
    $440,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,200 SF

      133 Water St

      RETAIL STORES (PERSONAL SERVICES) • 9,200 SF
      133 Water St, Fitchburg, MA 01420-5479
      View Details
    • Value Estimation by Request
      13,807 SF

      161 Main St

      RETAIL STORES (PERSONAL SERVICES) • 13,807 SF
      161 Main St, Fitchburg, MA 01420-4329
      View Details
    • Value Estimation
      $180,000
      2,496 SF

      49 John Fitch Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,496 SF
      49 John Fitch Hwy, Fitchburg, MA 01420-5903
      View Details
    • Value Estimation
      $265,000
      2,040 SF

      909 Ss St

      RETAIL STORES (PERSONAL SERVICES) • 2,040 SF
      909 Ss St, Fitchburg, MA 01420-6385
      View Details
    • Value Estimation
      $230,000
      3,350 SF

      123 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,350 SF
      123 Airport Rd, Fitchburg, MA 01420-8142
      View Details
    • Value Estimation
      $260,000
      3,100 SF

      47 Bemis Rd, Unit 53

      RETAIL STORES (PERSONAL SERVICES) • 3,100 SF
      47 Bemis Rd, Fitchburg, MA 01420-6349
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
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      Fitchburg Retail Space For Rent

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    • Contact for pricing
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      Renovated Retail Space in Fitchburg

      Recently renovated retail spaces available in John Fitch Plaza.
      380-510 John Fitch Hwy, Fitchburg, MA 01420
      View Details
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    346 Riv St
    Fitchburg, MA 01420-2960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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