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$695,000
135 Days Online

42 Lancaster St
Leominster, MA 01453

For Sale|Commercial Sale|Active
0
Beds
7
Full Baths
0
Partial Baths
6,400
SqFt
$109
/SqFt
1950
Built
County:
Worcester

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508-783-5342
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 
135 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,400 sqft
Total Baths 
7
Full Baths 
7
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
4 months agoListing first seen online
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.38
Buyer Agent Compensation 
2
Parking Spaces 
25
Sewer 
Public Sewer
SqFt Total 
6400
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Legal Conforming
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Exterior Features
Frontage 
93.00
Roof 
RubberSlate
Listing courtesy of of



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 2024-09-16 07:55 PM UTC

Neighborhood & Commute
Source: Walkscore
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