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$695,000
14 Days Online

42 Lancaster St
Leominster, MA 01453

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
6,400
SqFt
$109
/SqFt
1950
Built
County:
Worcester
Call Now: (508) 213-9783
Is this the home for you? We can help make it yours.
(508) 213-9783
42 Lancaster St42 Lancaster St42 Lancaster St42 Lancaster St
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TURNKEY MIXED USE BUILDING, 100% OCCUPIED, PRIME LOCATION WITH 25 PARKING SPACES, PAVED LOT, APPROX 8% CAP RATE, HANDICAPPED ACCESSIBLE FIRST FLOOR. The building has 3 commercial units and 1 residential unit currently leased for $2400.00 per month. Handicapped accessible main level houses 12 rooms, 5 bathrooms and 3 thriving businesses. The residential unit occupies the top 2 floors featuring 2700 sq feet of space with 4 bedrooms, 2 full baths and laundry room which could make this property the perfect set up for an owner-occupied, income producing option. A newer composite deck, stairs and vinyl railings are on the back of the building. Also featuring central air, mini splits, security system, irrigation system and 25 off street, marked parking spaces in a paved parking lot. The building is brick and vinyl sided with 4 entrances to the main floor. Superb downtown location, close to shopping, Monument Sq within walking distance.

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Listing Snapshot
Price 
$695,000
Days Online 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,400 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.38 Acres
Year Built 
1950
MLS® Number 
73233134
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Parking Spaces 
25
Acreage 
0.38
Zoning 
ResC
Utilities 
Natural Gas Available
Buyer Agent Compensation 
2
Facilitator Compensation 
1
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Exterior Features
Roof 
RubberSlate
Waterfront Property 
No
Community Features
Senior Community 
No
Adult Care Community 
No
Listing courtesy of Diane DeCiccio of Acres Away Realty, Inc.



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-05-16 09:35 PM UTC

Neighborhood & Commute
Source: Walkscore
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