$3,600,000
Active76 Summer St
Fitchburg, MA, 01420
Commercial · MLS #73494360
Days on market
New today
Lot size
2.29 ac
2.29 acres
Lot
About this home
Value-Add Multi-Tenant Office Investment with projected $500,000 Stabilized NOI. 76 Summer Street in Fitchburg MA presents a compelling opportunity to acquire a four-story, elevator-served multi-tenant office building offering strong in-place income with significant upside through strategic leasing and asset management. The property features approximately 55,000 square feet of gross building area and approximately 40,000 square feet of net rentable space, situated on 2.29 acres with ample on-site parking and flexible suite configurations. Currently configured as a 68-suite professional office asset, the property accommodates a diverse tenant base ranging from small professional users to larger full-floor occupants. Suite sizes can be subdivided from approximately 94 square feet to 11,000 square feet, allowing the building to support a broad range of tenant requirements and enhancing leasing flexibility.
Location
76 Summer St, Fitchburg, MA, 01420
Property details
- Parking
- Deeded, Paved Driveway, Permeable Pavement
Listed by Kenneth Leva · Gibson Sotheby's International Realty
Schedule a showing
76 Summer St
Estimated payment
$23,304 / month
Loan term
- Principal & interest
- $18,204
- Property tax
- $3,600
- Home insurance
- $1,500
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).