$799,000
5.3
Acres
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Property Description
A Fantastic Development Opportunity Awaits! A 40B project would be ideal. Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you’re looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.
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Highlights
- Acres: 5
- Year Built: 1908
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Asphalt/Composition Shingles, Shingle, Rubber
- Zoning Description: Legal Conforming
- Zoning: Tcd
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Fees / Taxes
- Tax Year: 2025
- Taxes: $6,090
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Listing information provided courtesy of Keller Williams Realty-Merrimack.
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