Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73383543

HOA Y/N false

Year Built 1908

Annual Tax Amount $6,090

Tax Year 2025

Lot Size 5.300 Acres

Acres 5.3

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.

Location

State MA

County Worcester

Zoning TCD

Direction Please use GPS

Exterior

Utilities Available Public Water, Private Sewer

Roof Type Asphalt/Composition Shingles,Shingle,Rubber

Others

Senior Community false

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Listed by Keller Williams Realty-Merrimack

NEARBY SCHOOL & BUSINESS

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Stephen Lussier #1 Jamaica Plain Agent 2025

+1(617) 943-9500

Agent License ID: 9065056

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240 Worcester Road Sterling, MA 01564