Turnkey Commercial Investment. Proudly owned for over 33 years, fully leased & turnkey commercial property offers a rare opportunity at one of Millbury’s highest-traffic gateway locations. 100% occupancy w/ an auto-renewing lease, this low-maintenance building provides separate tenant-paid utilities, off-street parking & exceptional visibility. Strategically positioned w/ quick access to I-90, I-290 & Routes 9, 20, 122 & 140, ideal for long-term stability & growth. Current CAP rate of 6.8% w/ projected increases to 7.4% (2026) & 8.0% (2027) thanks to built-in rent escalations. Key Investment Highlights: 420± SF commercial building. Fully occupied w/ stable tenant. Lease incl: annual rent increases. Net Operating Income (2025): $13,514. Minimal landlord expenses (tenant covers most operating costs). Think of it like a 6.8%+ annuity – except it exists & appreciates. Ideal for investors seeking a simple, cash-positive asset with predictable returns in a strong commuter location.
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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/01/2025 | 🏠 Listed for Sale | $199,000 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $1,030 | — |
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17 Riverlin St, Millbury MA 01527
Millbury, MA 01527
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