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$ 799,900
Est. payment | /mo
5.3 Acres Lot
$ 799,900
Est. payment | /mo
5.3 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73383543
HOA Y/N false
Year Built 1908
Annual Tax Amount $6,090
Tax Year 2025
Lot Size 5.300 Acres
Acres 5.3
Property Description
A Fantastic Development Opportunity Awaits! Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you're looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Available documentation includes perk tests and preliminary cost estimates for various development options. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.
Location
State MA
County Worcester
Zoning TCD
Direction Please use GPS
Exterior
Utilities Available Public Water, Private Sewer
Roof Type Asphalt/Composition Shingles,Shingle,Rubber
Total Parking Spaces 20
Others
Senior Community false
Listed by Keller Williams Realty-Merrimack
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Josephine Cruz
Realtor | License ID: 9575610