216 Lake Rd Ashburnham, MA ^$ 995,000

216 Lake Rd

^$ 995,000

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Recently Listed

216 Lake Rd

Ashburnham, MA, 01430

^$ 995,000

Studio Baths0.0 Sq 14,730

Monthly Estimate*

^$ 6,613

216 Lake Rd, Ashburnham, MA 01430 - Image 1

216 Lake Rd, Ashburnham, MA 01430 - Image 2

216 Lake Rd, Ashburnham, MA 01430 - Image 3

216 Lake Rd, Ashburnham, MA 01430 - Image 4

Studio

Commercial Property for sale in Ashburnham, MA

for $995,000. This 14,730 square foot building was built in 1880 on a lot size of 3.9.

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.

Commercial Active

Price

^$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,500

Style

Commercial

Lot Size

3.9

Year Built

1880

Town/City

Ashburnham

County/Region

Worcester

MLS | Web ID

73237253

List By

Linda Houllahan

Listing Agent

Jacob Realty, Llc

Broker

Affordability Calculator

$7,571

Per Month

Monthly Principal & Interest: $6,613
Monthly Property Taxes: $958
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Ashburnham, MA

Average List Price ^$995,000

Percent of Sale Price 0%

About Ashburnham, MA

6,352 Population

15% Since 2002

^$86,513 Median Income

43.66 Median Age

31% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/14/2024	$995,000		Listed Price

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216 Lake Rd, Ashburnham, MA, 01430 is a Commercial Property for sale at $995,000 with 14,730 sqft and a lot size of 3.9. 216 Lake Rd is a studio with 0.0 baths and was built in 1880. The property's zip code is 01430 which is in Ashburnham, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/2/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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216 Lake Rd

Commercial Property for sale in Ashburnham, MA

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