aisellshomes.space

$3,600,000

Active

76 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$23,304 / month

Down payment20% · $720,000
Interest rate6.50%

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).