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.
Details
| MLS # | 73398931 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 12 |
| Listing Provided By | OwnerEntry.com | Dave White |
Features
| Zoning | I1 |
|---|---|
| Acreage | 0.05 |
Exterior
| Roof | Rubber |
|---|
Utilities
| Utilities | Public Water, Public Sewer, Natural Gas Available |
|---|
Taxes
| Property | 1030 |
|---|
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Learn More About This Property
| State | MA |
|---|---|
| County | Worcester |
| City | Millbury |
| Zip Code | 01527 |
| Area | Worcester |