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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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240 Worcester Rd , Sterling, MA 01564
$799,000
Est. Payment: $1,775.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 471
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G95166 - TM363470
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

A Fantastic Development Opportunity Awaits! A 40B project would be ideal. Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you’re looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.
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Highlights

Listed by The Espinola Group , 508-982-6264 Keller Williams Realty-Merrimack , 978-692-3280.

Property Type

Commercial Sale
Lot/Acreage
5.3

Year Built

1908

County

Worcester

Listing ID

73383543

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Asphalt/Composition Shingles,Shingle,Rubber
Principal Interest
$1,776
Taxes
$508

Home Price

$799,000

Loan Details

30 yrs
%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,775.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,775.56 $507.50 $0.00 $2,283.06
Yearly $21,306.67 $6,090.00 $0.00 $27,396.67
Total $639,200.00 $182,700.00 $0.00 $821,900.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Sterling, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.