CCertihomes
336-344 Main Street, Fitchburg, MA 01420

$1,200,000

0 beds 4 baths 40,515 sqft Built 1890Active

About this home

Welcome to 336-344 Main Street, an exceptional mixed-use commercial & residential building nestled in the heart of downtown Fitchburg, & offering an outstanding opportunity for investors & developers alike. Boasting a prime location in the city's core, this property is a true gem with immense potential. This impressive building presents an ideal canvas for those seeking to capitalize on its existing value & expand the income potential through development. The property features a dynamic combination of Retail & office spaces, including a Business Center, a Coffee Shop, a Night Club, and a Restaurant (Coming soon). With a total of 21 Retail & Commercial tenants, and the potential for up to 26 residential units, you will find the blend of potential revenue streams very attractive. Situated within an opportunity zone, this property is primed for additional development and offers the chance to tap into a burgeoning market. Don't miss your chance to be part of Fitchburg's exciting future.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$10,196/mo

Real estate (PITI + HOA + PMI)
$9,467
Principal + interest$5,443
Property tax + insurance$3,574
PMI / 2nd mortgage$450
Utilities
$1,918
Heating + cooling$797
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$10,196/mo TLC
Budget$10,696/mo
Remaining after TLC$500/mo
Purchase price
$1,200,000
Down payment
$60,000 (5%)
Loan amount
$1,140,000
APR
4%

Quick facts

Type
COM
Style
Year built
1890
Lot size
0.23 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$9,493
MLS #
73128584
County
Worcester

Home features

Roof
Rubber

Neighborhood — 01420

MetricThis ZIPCountyUSA
Population37,7276,444,931299,088,112
Population Change Since1990-4.00%7.00%20.00%
Population Density1,328786
Male18,1083,127,134147,432,321
Female19,6193,317,797151,655,844
Never Married9,5561,612,88563,775,926
Married12,8942,586,314123,120,365
Separated2,143247,85712,639,686
Widowed2,451363,59415,467,586
Divorced3,194436,88823,075,029
Number Of House Hold14,3832,431,591111,826,380
Average House Hold Size2.512.562.60
Medial Age33.6037.2535.46
Median House Hold Income$40,603$57,698$48,276
Average House Hold Income$48,718$75,023$63,629
P C I$19,697$29,196$24,529
M D I$35,452$48,105$41,133
A T H E$42,880$57,083$50,898
S T R5.00%5.00%
W C J78.61%81.38%77.74%
(Zip) Code
1420

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 6/22/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.