Maurice F. Reidy & Co., Real Estate Since 1909 Phone: (508) 450-1384
Email: [email protected]
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listing
1 of 4
CommercialFor Sale
$995,000
216 Lake Rd
Ashburnham, MA 01430
Courtesy of Jacob Realty, LLC - Linda Houllahan
MLS Property Information Network
Est. Mortgage
$5,236/mo

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.

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Information courtesy of Jacob Realty, LLC is subject to verification and is not guaranteed.
Community / School Information