Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    767 Riv St Fitchburg, MA 01420-2823

    • Investment properties
    • 2,616 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US38-2448444
    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

    • Investment properties

    Property Details for 767 Riv St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    2,616 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FITC M:0061 B:0003 L:0
    APU
    FITCM0061B0003L0

    Description

    This exceptional mixed-use property, located at 767 River Street in Fitchburg, Massachusetts, presents a compelling investment opportunity. The building encompasses 2,616 square feet situated on a 0.11-acre lot. The ground floor features a sizable commercial space with high visibility on River Street/Route 2A, making it ideally suited for a professional office or retail business. This space benefits from excellent street exposure, ensuring high traffic and visibility for any tenant. Above the commercial space is a well-maintained four-bedroom, two-bathroom apartment. Recent updates to the apartment include a brand-new kitchen, modern luxury vinyl tile (LVT) flooring throughout, and completely renovated bathrooms. The apartment's layout is thoughtfully designed, with a first-floor living area comprising a living room, dining room, laundry area, a bedroom, and a kitchen. Upstairs, three additional bedrooms and a second bathroom provide ample living space. The property's asking price is $399,900. This mixed-use building offers a unique blend of commercial and residential income potential, making it an attractive investment in a desirable Fitchburg location. The property's zip code is 01420, and it is located in Worcester County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $195,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $180,000
      Mixed-Use
      $160,000
      Hospitality
      $190,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $180,000
      Income-Based Land
      $180,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8336
    Latitude
    42.578
    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
    $4,668
    $59,100
    $256,100
    $315,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.32 Acres

      419 Ashby W Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.32 Acres
      419 Ashby W Rd, Fitchburg, MA 01420-6617
      View Details
    • Value Estimation by Request
      9,354 SF

      655 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,354 SF
      655 Main St, Fitchburg, MA 01420-3107
      View Details
    • Value Estimation by Request
      9,678 SF

      149 Lunenburg St, Unit 155

      OFFICE/RESIDENTIAL (MIXED USE) • 9,678 SF
      149 Lunenburg St, Fitchburg, MA 01420-4461
      View Details
    • Value Estimation
      $360,000
      19,190 SF

      385 Main St, Unit 405

      OFFICE/RESIDENTIAL (MIXED USE) • 19,190 SF
      385 Main St, Fitchburg, MA 01420-8006
      View Details
    • Value Estimation
      $665,000
      8,500 SF

      773 Main St, Unit 779

      OFFICE/RESIDENTIAL (MIXED USE) • 8,500 SF
      773 Main St, Fitchburg, MA 01420-3111
      View Details
    • Value Estimation
      $215,000
      7,060 SF

      212-216 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,060 SF
      212-216 Water St, Fitchburg, MA 01420
      View Details

    Similar Nearby for Sale

    • New
      $574,888
      0.90 Acres

      Fitchburg Multiuse Property For Sale

      Multiuse property with system updates, flexible floor plan, corner lot.
      58 Oliver St, Fitchburg, MA 01420
      View Details
    • $749,900

      Mixed-Use Investment Opportunity

      7-unit mixed-use property with commercial storefront and residential apartments.
      168 Lunenburg St, Fitchburg, MA 01420
      View Details
    • $749,888
      0.23 Acres

      Fitchburg Mixed-Use Building For Sale

      Newer mixed-use building with parking and residential unit.
      381 Summer St, Fitchburg, MA 01420
      View Details
    • $749,888
      2,018 SF

      Fitchburg Mixed-Use Property with Garage

      Mixed-use property in Fitchburg featuring a garage and ample parking.
      381 Summer St, Fitchburg, MA 01420
      View Details
    • $225,000

      Fitchburg Commercial Office Space

      2,600+ sq. ft. commercial office in revitalized downtown Fitchburg.
      285 Main St, Fitchburg, MA 01420
      View Details
    • $599,000
      0.21 Acres

      Fitchburg Mixed-Use Property - Quick Sale

      Two buildings, high potential, needs rehab.
      78 Daniels St, Fitchburg, MA 01420
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Prime Retail Space Available

      2,500 sq ft retail space in high-traffic location.
      127 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    • $2,500 /Mo

      Downtown Fitchburg Retail/Office Space

      1,875 sq ft space in downtown Fitchburg for lease.
      350 Main St, Fitchburg, MA 01420
      View Details
    • $20 SF/Yr
      2,326 SF

      Renovated Retail/Office Space Available

      Newly renovated 2,326 SF space suitable for retail or office.
      347 Lunenburg St, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      2,303 SF

      Renovated Retail Space in Fitchburg

      Recently renovated retail spaces available in John Fitch Plaza.
      380-510 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    • $14 SF/Yr

      Former Brewery/Tap Room Opportunity

      Former brewery/tap room available for lease in busy Fitchburg.
      166 Boulder Dr, Fitchburg, MA 01420
      View Details
    • Contact for pricing
      2,900 SF

      Retail Space on John Fitch Highway

      Retail suites available in high-traffic Fitchburg location near Route 2.
      353 John Fitch Hwy, Fitchburg, MA 01420
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    767 Riv St
    Fitchburg, MA 01420-2823
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.