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Financial
Distress signals
Property profile

409 Main St Fitchburg, MA 01420

FOR LEASE
Turn key restaurants
Property ID
US38-0172806
5,907 SF 0.05 ac lot Built 1900
Last sale Feb 2012 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
409 Main St, Fitchburg, MA 01420 For Lease 1 / 10
$2,500/Mo 1,560 SF available
409 Main St, Fitchburg, MA 01420
View Listing

Property summary

AI-generated overview

The property is a first-floor retail/commercial space totaling over 1,500 square feet, located in downtown Fitchburg within a walkable district. The space includes oversized storefront glass windows and is configured as an unfinished interior suitable for adaptation to different business uses, including restaurant use. The lot size is 0.0479 acres, and parking is available across the street via the downtown parking garage. A build-to-suit arrangement is offered to support tenant-specific improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$216k
Assessed land$31k
Assessed improvement$185k
Effective rate1.48%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$741
Operating expenses−$8k
NOI · 988.64% cap applied$25k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$103 – $293
Qualifying comparables3

Cap rate analysis

How does the asset earn?
988.64%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DB
General categoryCOMMERCIAL
JurisdictionFITCHBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Hair Salon12.2
Skin Care Clinic12.1

Location

409 Main St Fitchburg, MA 01420
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
584 Main, Fitchburg, MA 01420-8011 $475,000 Feb 2026 3,750 SF
358 Summer, Fitchburg, MA 01420-5957 $495,000 May 2024 7,900 SF
289 Water, Fitchburg, MA 01420-5648 $275,000 Jan 2024 5,005 SF
25 Ashby State, Fitchburg, MA 01420-2001 $750,000 Jan 2024 4,084 SF
41 Fox, Fitchburg, MA 01420-3233 $315,000 Oct 2023 7,200 SF
377 Main, Fitchburg, MA 01420-8006 $280,000 Sep 2023 7,992 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $325,000
    6,142 SF
    60 Ee St
    SHOW ROOM, WAREHOUSE
    60 Ee St, Fitchburg, MA 01420-3516
    View Details
  • Value Estimation
    $485,000
    6,432 SF
    7 Jackson Ave, Unit 15
    SHOW ROOM, WAREHOUSE
    7 Jackson Ave, Fitchburg, MA 01420-4514
    View Details
  • Value Estimation
    $680,000
    6,538 SF
    35 Main St
    RESTAURANT
    35 Main St, Fitchburg, MA 01420-7804
    View Details
  • Value Estimation
    $310,000
    5,130 SF
    386 Summer St, Unit 394
    RETAIL STORES (PERSONAL SERVICES)
    386 Summer St, Fitchburg, MA 01420-5956
    View Details
  • Value Estimation
    $270,000
    4,910 SF
    76 Laurel St
    RETAIL STORES (PERSONAL SERVICES)
    76 Laurel St, Fitchburg, MA 01420-7710
    View Details
  • Value Estimation
    $700,000
    4,833 SF
    30 John Fitch Hwy
    RETAIL STORES (PERSONAL SERVICES)
    30 John Fitch Hwy, Fitchburg, MA 01420-5900
    View Details

Similar Nearby for Sale

  • Contact for pricing
    1,400 SF
    Retail Building on Summer Street
    Freestanding retail building suitable for retail, medical, or office use.
    401 Summer St |, Fitchburg, MA 01420
    View Details
  • New
    Contact for pricing
    1,000 SF
    Mixed-Use Space with Office Areas
    Flexible commercial layout includes open frontage, private offices, kitchen facilities, and central air conditioning.
    12 Oliver St., Fitchburg, MA 01420
    View Details
  • $340,000
    0.11 Acres
    Mixed-Use Property With Retail Space
    Two-level property combines an established church, residential apartment, and retail area available at closing.
    233 Daniels St, Fitchburg, MA 01420
    View Details
  • New
    $538,900
    Convenience Store with Walk-In Refrigeration
    Established retail operation with beverage licensing, lottery, Keno, ATM, and SNAP acceptance.
    169 High Street, Fitchburg, MA 01420
    View Details

Similar Nearby for Lease

  • New
    $2,500/Mo
    1,560 sqft
    Street-Level Retail Space
    First-floor commercial space with HVAC, completed base electric, and ductwork for a future kitchen hood.
    409 Main St., Fitchburg, MA 01420
    View Details
  • New
    $1,000/Mo
    1,000 sqft
    Mixed-Use Space with Office Layout
    Open commercial space with two offices, a kitchen area, restroom, central A/C, and on-street parking.
    12 Oliver St., Fitchburg, MA 01420
    View Details
  • New
    $600/Mo
    500 sqft
    Retail/Office Suite with Heat Included
    Small storefront suite with heat included, featuring a restroom and separate sink/plumbing, available now with nearby sidewalk access.
    41 Elm St., Fitchburg, MA 01420
    View Details
  • New
    Contact for pricing
    Retail Space on John Fitch Highway
    Retail space with high visibility on a busy corridor.
    353-385 John Fitch Highway, Fitchburg, MA |, Fitchburg, MA 01420
    View Details
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