76 Summer St, Fitchburg, MA 01420
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$3,600,000
Type: Office
Lease Type N/A
40000 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Value-Add Multi-Tenant Office Investment with projected $500,000 Stabilized NOI. 76 Summer Street in Fitchburg MA presents a compelling opportunity to acquire a four-story, elevator-served multi-tenant office building offering strong in-place income with significant upside through strategic leasing and asset management. The property features approximately 55,000 square feet of gross building area and approximately 40,000 square feet of net rentable space, situated on 2.29 acres with ample on-site parking and flexible suite configurations. Currently configured as a 68-suite professional office asset, the property accommodates a diverse tenant base ranging from small professional users to larger full-floor occupants. Suite sizes can be subdivided from approximately 94 square feet to 11,000 square feet, allowing the building to support a broad range of tenant requirements and enhancing leasing flexibility.

Property Details tap to expand

Property Information

  • Type: Office
  • Location: Legal Conforming
  • MLS ID#: 73494360

Financial

  • Gross Annual Expenses: 211000
  • Gross Annual Income: 630240
  • Net Operating Income: 418000

Building Information

  • Total SQFT: 40000

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/01/2026New$3,600,000$90MLSPIN
06/02/2023Expired$4,500,000MLSPIN
02/17/2023Active$4,500,000MLSPIN
02/13/2023New$4,500,000MLSPIN

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Seller's Representative: Kenneth J. Leva, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-01 08:18:00