Last Updated: 2/26/2017 11:03 PM
Description for 45-47 River Street Millbury, MA 01527
The property consists of a one and two story, six-building former industrial mill building complex located on a single 3.2 acre parcel. Improvements have been constructed in phases. The buildings have been retrofitted to accommodate a mix of office, warehouse, flex, and commercial tenants including a restaurant, Curves fitness studio, and several small industrial spaces commonly referred to as incubator space. In addition, the property encompasses a one acre parcel of business zoned land located across the street from the primary site currently utilized as a parking lot. The owners have recently subdivided this parcel into two separate lots one of which may be utilized as a residential building lot. Tremendous investment opportunity with upside potential for excellent cash flow.
Exterior / Lot Features
30 Parking Spaces,
Current market conditions for 45-47 River Street
Active Market Trends
Median list price$339,900
Days on market138
Properties for sale38
Sold Market Trends
Median sold price$307,000
Sales to list price9,985.0%
Median sq ft price$166
Arrows indicate 90 day trend
Listing Price History for 45-47 River Street
Millbury Real Estate
Millbury is located in Massachusetts. Millbury, Massachusetts 01527 has a population of 13,270.
The median household income in Millbury, Massachusetts 01527 is $73,341. The median household income for the surrounding county is $65,968 compared to the national median of $53,046. The median age of people living in Millbury 01527 is 42.4 years.
Loading nearby sales and history ...
Ask a Question?
Berkshire Hathaway HomeServices N.E. Prime Properties
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property
Here is the weekday INRIX Drive Time from this property to .
When you register, you will receive ...
Nearby homes for sale