216 Lake Rd Pending

Ashburnham,MA 01430

$ 995000

- Bed

- Bath

14730 SqFt


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

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