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76 Summer St
Fitchburg, MA 01420 Outer Fitchburg/Leominster

$3,600,000 USD

Medical For Sale  •  55,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 55,000 SF
  • Lot Size 2.29 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 11.72 %
  • Tenancy Multiple
  • Zoning RC, Fitchburg
50 Transit Score
50 Walk Score

Highlights

Exceptional in place yield@ 11%+ cap rate
Significant lease up opportunity / end user space
Fragmented tenant base
Strong parking advantage
Growing service based tenant denmand

Property Flyers

Financial Summary (Actual)

Net Operating Income: $419,028 USD (2026)
Cap Rate: 11.72 %
Total Expenses: $211,212 USD

Amenities

  • Property Manager on Site

Public Transportation

Commuter RailDriveWalkDistance
Fitchburg (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 4 min 16 min 0.8 mi
North Leominster (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 10 min - 4.2 mi
Transit/SubwayDriveWalkDistance
Fitchburg (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 4 min 16 min 0.8 mi
AirportDriveWalkDistance
Worcester Regional 46 min - 30.7 mi
Manchester Boston Regional 66 min - 36.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Kenny Leva 978-877-8194 Gibson Sothebeys International Realty
Kenny Leva 978-877-8194 Gibson Sothebeys International Realty