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42 Lancaster Street Leominster MA 01453 | 72960585

100% occupied, turnkey mixed-use building in a prime location with 25 parking spaces. The building has 3 commercial units and 1 residential unit which is vacant and can be leased as a rental or more space for lease. The handicapped accessible main level houses 12 rooms, 5 bathrooms and 4 thriving businesses with leases. The residential unit occupies the top 2 floors featuring 2700 sq feet of space with 4 bedrooms, 2 full baths and laundry room which makes this property the perfect set up for an owner-occupied, income producing option. A new composite deck, stairs and vinyl railings are on the backside of the apartment. Also features central air, mini splits, security system, irrigation system and 25 off street parking spaces with paved parking lot. The building is brick and vinyl sided with 4 entrances to the main floor, one being the handicap accessible. Superb downtown location with highway access to Routes 2, 190, 117, 495, T Station, restaurants, etc.

Property Details

Price:
$745,000
MLS #:
72960585
Status:
Active
Beds:
0
Baths:
7.00
Address:
42 Lancaster Street
Type:
Commercial
City:
Leominster
Listed Date:
Mar 31, 2022
State:
MA
ZIP:
01453
Lot Size:
16,586 sqft / 0.38 acres (approx)
Year Built:
1950

Schools

Interior

Exterior

Roof
Rubber, Slate

Financial

Buyer Agent Compensation
3%
Tax Year
2022

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