42 Lancaster St Leominster, MA 01453
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyWorcester
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number73233134
- Home Size Source N/A
- Year Built1950
- Lot Size0.38 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 25
- Acreage 0.38
- Zoning ResC
- Utilities Natural Gas Available
- Buyer Agent Compensation 2
- Facilitator Compensation 1
Exterior Features
- Roof RubberSlate
- Waterfront Property No
Community Features
- Senior Community No
- Adult Care Community No