365 Main St Sturbridge, MA 01566-2329

This exceptional investment opportunity presents a 4,992 sq ft, two-unit retail building in Sturbridge, MA, constructed in 2020. The property boasts a strong 8.09% cap rate and a substantial NOI of $161,482. Anchored by a recreational cannabis dispensary (Local Roots, 2500 sq ft) and a deli/food market (VE Foods, 2400 sq ft), both tenants are under long-term triple-net (NNN) leases, providing stable cash flow. The property also includes a nine-unit manufactured housing community at the rear, with eight of nine units occupied under monthly land leases, offering additional income streams and potential for future growth. The 2.16-acre lot features approximately 50 parking spaces. The property is zoned CD and offers a unique blend of retail and residential income, making it an attractive investment in a desirable location. The building is a single-story structure. This core+ NNN investment presents a compelling opportunity for investors seeking stable, high-yield returns. The property's location in Worcester County, MA, at 365 Main St, zip code 01566, provides excellent access to local amenities and transportation. The asking price is $1,995,000.