216 Lake Rd Pending Save Request In-Person Tour Request Virtual Tour
Ashburnham,MA 01430
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 14,730 sqft
Price per Sqft $67
MLS Listing ID 73237253
HOA Y/N false
Year Built 1880
Annual Tax Amount $11,500
Tax Year 2024
Lot Size 3.900 Acres
Acres 3.9
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.
Location
State MA
County Worcester
Zoning Hospital
Direction From the East Rte 2 West to 140 North to Route 101
Exterior
Waterfront false
Total Parking Spaces 25
Others
Senior Community false