Property profile

381 Summer St Fitchburg, MA 01420

FOR SALE
Commercial Office/Residential (Mixed Use)
Property ID
US38-2538094
2,018 SF 0.23 ac lot Built 2015
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Constructed in 2015, this mixed-use building in Fitchburg, MA is situated on a 0.23-acre lot and includes commercial space with an attached one-bedroom apartment. The property has a large exterior footprint with ample off-street parking and an oversized two-car garage. The commercial level is configured with separate work areas, a kitchen area, and storage, including a 1,009-square-foot basement suitable for warehouse-style storage. The upper-floor apartment features hardwood floors, stainless steel appliances, recessed lighting, mini-split heating and cooling, and closet space. The building is located in a high-traffic area and is laid out to support both commercial and residential use.

Property profile

Verified
Property type Commercial Office/Residential (Mixed Use)
Year built 2015
Total area 2,018 SF
Lot 0.23 ac (10,001 SF)
APN FITC M:0112 B:0016 L
UPID US38-2538094

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

381 Summer St Fitchburg, MA 01420
Fitchburg metro
Google Maps

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

since 2000
Last sale
$126,000
1 recorded transaction
2000
$126,000
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?”
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