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Bean Group
Offered at $430,000Active
beds
3
baths
2
sq ft
1,560
Built
1900

163-165 Central St

Leominster, MA 01453

About this home

Rare live-work opportunity, this high-visibility property sits in prime Business B (BB) zoning, across from the new police station at a high-traffic, signaled intersection within walking distance to downtown. Perfect for a small business, start-up, or ambitious business owner: live in the vacant, flexible 1-2 bedroom unit and run your business out of the same building, while the 2-bedroom tenant-at-will side cash-flows to offset your overhead.Want to build an empire? The commercial strip location is primed for future development, and the sale even includes architect sketches to rebuild the site into a 6-unit building! Savvy portfolio investors and commercial buyers already recognize the raw land value of this footprint, so do not wait for the competition to swoop in and steal this location. Featuring an 8 year old roof, a fenced yard, and plenty of off-street rear parking. Bring your vision and claim your spot today—schedule your private tour before it is gone!

Listing last checked: Listing updated:

Listed by John Snyder · Redfin Corp. · MLS #73571762

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Details at a glance

Interior2 property facts
Rooms
9
Basement
Yes · Full, Walk-Out Access
Building5 property facts
Style
Multi Family
Year built
1900
Parking
8
Foundation
Stone, Brick/Mortar
Roof
Shingle
Land & utilities5 property facts
Lot size
0.15 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
BB
Financial2 property facts
Annual taxes
$5,628
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $430,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,643 / monthAdjust
Principal & interest
$2,174
Property tax
$469
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,628. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $497,437

Estimated range $479,815–$515,060.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 163-165 Central St

Can I request a private showing?

Request a tour of 163-165 Central St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.