$799,000
Active240 Worcester Road
Sterling, MA, 01564
Commercial · MLS #73383543
Days on market
46 days
Lot size
5.30 ac
5.30 acres
Lot
About this home
A Fantastic Development Opportunity Awaits! A 40B project would be ideal. 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 youre 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. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.
Price history
Listed
May 21, 2026 · 1 mo ago
$500,000
Price increased
Jun 17, 2026 · 19 days ago
$799,000
+$299,000 (+59.8%)
Location
240 Worcester Road, Sterling, MA, 01564
Property details
- Parking
- Available for Purchase, Paved Driveway
Listed by The Espinola Group · Keller Williams Realty-Merrimack
Schedule a showing
240 Worcester Road
Estimated payment
$5,143 / month
Loan term
- Principal & interest
- $4,011
- Property tax
- $799
- Home insurance
- $333
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).