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Millbury,MA 01527
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73398931
HOA Y/N false
Year Built 1920
Annual Tax Amount $1,030
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Turnkey Commercial Investment. Proudly owned for over 33 years, fully leased & turnkey commercial property offers a rare opportunity at one of Millbury's highest-traffic gateway locations. 100% occupancy w/ an auto-renewing lease, this low-maintenance building provides separate tenant-paid utilities, off-street parking & exceptional visibility. Strategically positioned w/ quick access to I-90, I-290 & Routes 9, 20, 122 & 140, ideal for long-term stability & growth. Current CAP rate of 6.8% w/ projected increases to 7.4% (2026) & 8.0% (2027) thanks to built-in rent escalations. Key Investment Highlights: 420± SF commercial building. Fully occupied w/ stable tenant. Lease incl: annual rent increases. Net Operating Income (2025): $13,514. Minimal landlord expenses (tenant covers most operating costs). Think of it like a 6.8%+ annuity – except it exists & appreciates. Ideal for investors seeking a simple, cash-positive asset with predictable returns in a strong commuter location.
Location
State MA
County Worcester
Zoning I1
Direction use GPS
Exterior
Utilities Available Public Water,Public Sewer,Natural Gas Available
Roof Type Rubber
Total Parking Spaces 1
Others
Senior Community false