76 Summer St, Fitchburg, MA 01420
Worcester County
Key Facts
Description
Value-Add Multi-Tenant Office Investment with projected $500,000 Stabilized NOI. 76 Summer Street in Fitchburg MA presents a compelling opportunity to acquire a four-story, elevator-served multi-tenant office building offering strong in-place income with significant upside through strategic leasing and asset management. The property features approximately 55,000 square feet of gross building area and approximately 40,000 square feet of net rentable space, situated on 2.29 acres with ample on-site parking and flexible suite configurations. Currently configured as a 68-suite professional office asset, the property accommodates a diverse tenant base ranging from small professional users to larger full-floor occupants. Suite sizes can be subdivided from approximately 94 square feet to 11,000 square feet, allowing the building to support a broad range of tenant requirements and enhancing leasing flexibility.
Property Information
Property Type
Commercial Sale
Year Built
1969
Living Area
40,000 sq ft
Lot Size
2.29 acres
Zoning
NB
MLS® Listing#
73494360
Property Features
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$47,797
Tax year 2025
Parcel Number
M:0070 B:0013 L:0,1505582
Directions
rte 12 to harvard to summer
Affordability Calculator
$720,000
Estimated monthly payment
$19,161/mo
Principal $2,880,000 · Est. interest $4,017,856 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fitchburg, MA
- $480,000
- Median Listing Price
- 31
- Median Days on Market
- 1,911
- Median Sq Ft
- $252
- Median Price / Sq Ft
- 98
- Active Listings
- This home’s price is 650% above the area median.
- Its price per sq ft is 64% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fitchburg, MA.
Location
Points of Interest in Fitchburg, MA
Showing the Fitchburg area map.
Nearby Schools
St Bernard's High School
Secondary · 0.2 mi away
Maverick Street School
School · 0.3 mi away
St Bernard's Elementary School
Elementary · 0.5 mi away
St Anthony Elementary School
Elementary · 0.5 mi away
South Street Elementary School
Elementary · 0.8 mi away
Fitchburg Public Schools
School · 0.8 mi away
Arthur M Longsjo Middle School
Secondary · 0.9 mi away
Fitchburg City of
Elementary · 0.9 mi away
McKay Campus Elementary School
Elementary · 1.1 mi away
Fitchburg Public Schools
School · 1.1 mi away
Memorial Middle School
Secondary · 1.4 mi away
Applewild School
Secondary · 1.4 mi away
Twin City Christian School
School · 1.7 mi away
Sizer School
Secondary · 1.8 mi away
Crocker Elementary School
Elementary · 2.0 mi away
Condor Aircraft Technical School
Secondary · 2.0 mi away
Kings Corner Learning Center
School · 2.1 mi away
Reingold Elementary School
Elementary · 2.3 mi away
The Bonjour Preschool
School · 2.9 mi away
Johnny Appleseed School
Elementary · 3.0 mi away
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EXIT Agents in Fitchburg
Listing Courtesy: Gibson Sotheby's International Realty - 6172424222
Presented by: Kenneth J. Leva