MA
Worcester
Millbury
01527
17 Riverlin St
17 Riverlin St, Millbury, MA 01527
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
11
$199,000

Home Details for 17 Riverlin St

Price
$199,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1920
Lot size acres
0.05
County
Worcester
Garage
Days on site
126
MLS Listing#
73398931
Property Description

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.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: OwnerEntry.com - 617-542-9300
Presented by: Dave White
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Median Listing Price
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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