MLS Number 72573791
- Year Built 1900
20% cap rate !!! 33,000 sf building with approximately 17,000 of leasable self-storage space. Space is approximately 30% full of document storage. Building is located at the busy intersection of routes 12, 2a & 31 in fitchburg, ma with reasonable access to route 2. The building consists of 3 floors with a freight elevator. Large 14 x 20 ground level door allows vehicles to drive inside the building. Building is in very good overall condition. Includes alarm and security systems. Approximately 200 storage units of varying sizes. Parking is limited, but additional land could be available adjacent to building. Seller will consider a sale for cannabis use, but due to the time it will take for approvals, etc. The price is $100k higher at $596,380.
Listed by Bruce Gallant of Century 21 North East