395 Water St Fitchburg, MA 01420
- Showrooms
- 3,296 SF
- 0.08 lot acres
Current Use by Public Records
- Showrooms
Property Details for 395 Water St
- Year built
- 1900
- Lot size
- 0.08 lot acres
- Property size
- 3,296 SF
- Zone code
- NB
- Property type
- Showrooms
- APN
- FITC M:0095 B:0044 L:0
- APU
- FITCM0095B0044L0
Description
This unique 0.08-acre property at 395 Water St, Fitchburg, MA, presents a remarkable redevelopment opportunity. The former fire station, currently out of service, is primed for a new owner to complete its transformation. Extensive restoration work has already been undertaken, including a brand new rubber roof (2020), repointing of the entire structure, and the complete re-framing and roofing of the hose tower with synthetic slate (2020). All windows have been replaced with new vinyl units (approximately 2020). A new gas heating system is in place, and a new AC unit is on-site, ready for installation. Engineering plans, expired building permits, and an expired special permit for mixed-use development are available. The original plan envisioned a first-floor contractor's office/storage facility and a modern two-bedroom, one-bathroom apartment on the second floor, complete with a laundry room. This exceptional offering also includes the adjacent vacant lot at 412 Water St., adding significant value and potential. The property is priced at $250,000 and offers a rare chance to acquire a substantial building with significant pre-existing renovations, ready for completion or a fresh vision. This is an ideal investment for contractors, developers, or investors seeking a unique and high-potential project in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fitchburg
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7908
- Latitude
- 42.5749
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
