Bobbi Roberts
REALTOR®
SQUARE FEET40,000
MLS#73494360
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
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.
Property Features
Property Type: Commercial - Office
Lot Size: 2.29 Acres
Taxes: $47,797
Year Built: 1969
Feature Descriptions
Building Area Total: 40000
Business Type: Professional/Office
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 114
Parcel Number: M:0070 B:0013 L:0,1505582
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: Gibson Sotheby's International Realty
Agent Name: Kenneth J. Leva
Agency Phone: 617-242-4222
Shown By
Agent Name: Bobbi Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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76 Summer St | MLS# 73494360
This commercial property located at 76 Summer St, Fitchburg, MA 01420 is currently listed for sale with an asking price of $3,600,000. Search Fitchburg real estate on bobbiroberts.masiellogrouprealestate.com today.