Active

240 Worcester Road

Sterling, MA 01564

Offered at$799,000

Commercial Sale · Active · MLS #73383543
Listing Courtesy of Keller Williams Realty-Merrimack | The Espinola Group

—Bedrooms

—Bathrooms

—Square feet

1908Year built

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About this home

A Fantastic Development Opportunity Awaits! A 40B project would be ideal. 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. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.

Property information

Details at a glance

Building

Style: Other
Year built: 1908
Roof: Asphalt/Composition Shingles, Shingle, Rubber

Land & utilities

Lot size: 5.3 acres
Zoning: TCD

Financial

Annual taxes: $6,090
Assessment year: 2025

Listing history

Price and status timeline

Exp
$844,900 · Oct 18, 2023
Exp
$700,000 · May 28, 2009

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Common questions

About 240 Worcester Road

Can I schedule a private showing?

Yes. Request a tour 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.

Bean Group · eXp Realty361 Newbury Street, 5th Floor, Boston, MA 02115 · 800-450-7784 · Massachusetts Broker License #8669

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