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Mixed-Use Land for Sale in Sterling, Massachusetts

240 Worcester Rd, Sterling, MA 01564

$799,900
5.3 acres
Active
Est $5,967/mo

A Fantastic Development Opportunity Awaits! Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you're looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Available documentation includes perk tests and preliminary cost estimates for various development options. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.

Location

Street address
240 Worcester Rd
Elevation
505 feet
Coordinates
42.4339, -71.7641

Property details

Acreage
5.3 acres
Zoning
TCD
MLS #
MLSPIN 73383543
Posted

Property taxes

2025
$6,090

Parcels

  • 3430625
  • M:000105L:0022
  • M:00105 L:00047

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Listing history

DateEventPriceChangeSource
June 2, 2025New listing$799,900MLSPIN
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This 5.3-acre property is located at 240 Worcester Rd in Sterling, MA 01564. The property is available for sale for $799,900 with a price per acre of $150,925.

Checked 31 mins ago — Updated

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