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$499,900

For Sale

22 days ago

981 Main St, Leicester, MA

House

MLS® 73522856

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $5,785
Days Active 21
Lot Size 
Approx. Age 1840
MLS® Number 73522856

Property Address: 981 Main St, Leicester, MA, 01524-1361

Average square foot calculated using Size range provided by listing agent.

Description

Discover the possibilities at 981 Main St in Leicester. Built in 1840, this distinctive multi-family property blends timeless character with exceptional space and investment potential. Offering the development plan for converting this building to a cash flowing investment. The current developer has been working with the town regarding a conversion to 8 units with off street parking, presenting a rare value-add opportunity for investors and developers alike. Adding to its appeal, the property may qualify for Historic Tax Credits, creating additional upside for redevelopment and restoration. Rich with historic charm and future potential, this is a unique opportunity to reimagine a landmark property in the heart of Leicester. This town abuts Worcester and is primed for development. Property has 17 parking spots approved, asbestos remediation complete. This set up is near ready for the permitting process. Schedule your showing today.
MLS® Number73522856
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1840
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$499,900List Price
Jun 20, 2024End Date
$312,000Sold Price

Sold

Jul 15, 2024List Date
$324,900List Price
  • Commute

Commute

Starting Address
Destination Address
981 Main St, Leicester, MA

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