11 S Main St Millbury, MA ^$ 1,299,000

11 S Main St

^$ 1,299,000

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11 S Main St

Millbury, MA, 01527

^$ 1,299,000

Studio Baths5.0

Monthly Estimate*

^$ 8,634

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Studio

Commercial Property for sale in Millbury, MA

for $1,299,000 with 5 full baths. This building was built in 1883 on a lot size of 0.25.

Located in downtown Millbury, known as THE BELFONT HOTEL this solid brick building has had a variety of uses throughout the years. The upper 2 floors (2nd & 3rd floors) were once used as a rooming house with 24 rooms. Some rooms are still present while other parts of it have been opened up with stud walls waiting for your vision. The main floor housed a restaurant/bar as recently as spring of 2023 where the bar and kitchen still remain with stove, sinks, refrigerator, dining tables, chairs, pool table, etc. There are two apartments (1 & 2 bedrooms) located on the left side (1st & 2nd floors) which can be sold vacant or with the current tenants. The exterior of the building is in great condition. Roof is approx. 12 yrs, Brickwork looks very solid with just a few areas needing attention. Deck for the restaurant and the fire escape are newer. Most of the electric has been updated. Town is very Business Friendly!!

Commercial Active

Price

^$ 1,299,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 5,277

Style

Lot Size

0.25

Year Built

1883

Town/City

Millbury

County/Region

Worcester

MLS | Web ID

73192133

List By

James P. Tobin

Listing Agent

James Tobin

Broker

Affordability Calculator

$9,073

Per Month

Monthly Principal & Interest: $8,634
Monthly Property Taxes: $440
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 Millbury, MA

Average List Price ^$1,199,500

Percent of Sale Price 8%

About Millbury, MA

13,592 Population

5% Since 2002

^$73,027 Median Income

44.88 Median Age

29% 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
5/7/2024	$1,299,000	-18.76%	Price Down
2/29/2024	$1,599,000	-11.17%	Price Down
1/9/2024	$1,800,000		Listed Price

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11 S Main St, Millbury, MA, 01527 is a Commercial Property for sale at $1,299,000 with a lot size of 0.25. 11 S Main St is a studio with 5.0 baths and was built in 1883. The property's zip code is 01527 which is in Millbury, 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 6/5/2024.

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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11 S Main St

Commercial Property for sale in Millbury, MA

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