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216 Lake Rd

Ashburnham, MA 01430
  • $995,000
  • STATUS: Active
  • MLS #: 73237253
UPDATED: 136 min ago
$995,000
  • 0
    BEDS
  • 3.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,730
    SQFT
  • $68
    $/SQFT
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Listing courtesy of Linda Houllahan of Jacob Realty, LLC.

Description

Presenting a unique investment opportunity in a picturesque waterfront setting on 3.9 acres of land, with 14,730 sq ft of space. The property is zoned Hospital Private, offering many potential behavioral health care uses. Previously leased by McLeans Hospital (1997-2019), the property has a history of serving the community and now presents an investment option for those looking to capitalize on the healthcare sector. Vacant since the summer of 2018; the property is in need of a complete gut rehab to restore it. In 1959 it was a substance abuse hospital; and McLeans occupied it as a 26 bed facility with an overnight component. There is an already established town hall relationship, with the town seeming eager to ensure a seamless transition. With the town assessment of $730,800; this property offers a promising investment opportunity. An experienced Operator is already lined up, making it an attractive option for discerning capital investors.

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The property listing data and information 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 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 set forth herein. Data last updated 2024-07-20T18:06:16.837.
www.maloneypropertiesrealestate.com/homes/150498614
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216 Lake Rd Ashburnham, MA 01430

  • Price: $995,000
  • Status: Active
  • On Site: Days
  • Updated: 136 min ago
  • MLS #: 73237253
0
Beds
0
Baths
0
½ Baths
3.9
Acres
14,730
SQFT
$68
$/SQFT
1880
Built
County:
Worcester
Property Description
Presenting a unique investment opportunity in a picturesque waterfront setting on 3.9 acres of land, with 14,730 sq ft of space. The property is zoned Hospital Private, offering many potential behavioral health care uses. Previously leased by McLeans Hospital (1997-2019), the property has a history of serving the community and now presents an investment option for those looking to capitalize on the healthcare sector. Vacant since the summer of 2018; the property is in need of a complete gut rehab to restore it. In 1959 it was a substance abuse hospital; and McLeans occupied it as a 26 bed facility with an overnight component. There is an already established town hall relationship, with the town seeming eager to ensure a seamless transition. With the town assessment of $730,800; this property offers a promising investment opportunity. An experienced Operator is already lined up, making it an attractive option for discerning capital investors.
Exterior Features

Parking Total 25 Waterfront YN No

Interior Features

Building Area Total 14730

Property Features

Association YN No Business Type Commercial Buyer Agency Compensation 2 Home Warranty YN No Senior Community YN No Tax Annual Amount 11500 Tax Year 2024 Transaction Broker Compensation 1 Zoning Hospital

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Linda Houllahan of Jacob Realty, LLC: 617-208-2111.


The property listing data and information 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 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 set forth herein. Data last updated 2024-07-20T18:06:16.837.
 
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Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Linda Houllahan of Jacob Realty, LLC.