Sterling MA Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 5.3 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 73171928
ADDITIONAL INFORMATION
A Fantastic Development Opportunity Awaits!! The historic Sterling Inn is located near the foot of Mt. Wachusett sitting on 1.6 acres of land and almost 12k square feet of interior space. The land located at 223 Worcester Road consists of 3.7 acres of mixed use land. 240 and 223 Worcester Road are both on the same deed attached to MLS for reference. Various documents in hand including, perk testing and estimated costs for conversion and development of townhomes. Whether you restore the existing facility or convert to Townhomes / Condos, and/or leverage the mixed-use lot at 223 Worcester Rd to build additional townhomes and retail space, the possibilities for this property are endless!
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Sterling Real Estate
The median home value in Sterling, MA is $630,000. This is higher than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in Sterling, MA is $630,000. Approximately 86.82% of Sterling homes are owned, compared to 11.57% rented, while 1.61% are vacant. Sterling real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sterling real estate agent to arrange a tour today!
Sterling, Massachusetts has a population of 8,015. Sterling is more family-centric than the surrounding county with 32.71% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Sterling, Massachusetts is $119,000. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Sterling is 49.9 years.
Sterling Weather
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 47.5 inches per year, with 53.2 inches of snow per year.