Commercial for Sale: 216 Lake Rd, Ashburnham, MA 01430

14,730 sqft
$995,000
$995,000
216 Lake Rd, Ashburnham, MA 01430
14,730 sqft
$995,000
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Price:
$995,000

Type Commercial
Square Feet 14,730 sqft
Lot Size 3.90 acres
Year Built 1880

City Ashburnham
County Worcester

MLS 73237253
Status Pending
DOM 223 days
Presenting a unique investment opportunity in a picturesque waterfront setting on 3.9 acres of land, with 14,730 sq ft of space. The property is zoned Hospital Private, offering many potential behavioral health care uses. Previously leased by McLeans Hospital (1997-2019), the property has a history of serving the community and now presents an investment option for those looking to capitalize on the healthcare sector. Vacant since the summer of 2018; the property is in need of a complete gut rehab to restore it. In 1959 it was a substance abuse hospital; and McLeans occupied it as a 26 bed facility with an overnight component. There is an already established town hall relationship, with the town seeming eager to ensure a seamless transition. With the town assessment of $730,800; this property offers a promising investment opportunity. An experienced Operator is already lined up, making it an attractive option for discerning capital investors.

Lot & Building Features

Tax Year 2024
Taxes Paid $11,500

Price History of 216 Lake Rd

Date Name Price Difference
05/14/2024 Listing Price $995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 216 Lake Rd, Ashburnham, MA

Location Map Street View
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Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Jacob Realty, LLC, Linda Houllahan
$
20%
1%
6.75%
$
$
$
$6,340.26
Monthly Payment
Principal & Interest
$5,162.84
Monthly Taxes
$829.17
Monthly HOA
$0
Monthly Home Ins.
$348.25
Monthly PMI
$0.00

216 Lake Rd (MLS #73237253) is a commercial listing located in Ashburnham, MA. This commercial listing is 14,730 sqft and on a lot of 169,884 sqft (or 3.90 acres) and is 144 years old. This property was listed on 05/14/2024 and has been priced for sale at $995,000.

Nearby zip codes are 01431, 01440, 01473, 01475 and 03461. This property neighbors other cities such as Ashby, Gardner, Rindge, Westminster and Winchendon.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Jacob Realty, LLC

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.