Land at 223 Worcester Road, Sterling MA 01564
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$799,000

223 Worcester Road, Sterling MA 01564
Sterling, MA 01564
Listed by The Espinola Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Perfect opportunity for a 40B project. Prime Mixed-Use Development Opportunity in Sterling! Welcome to 223 Worcester Road, a 3.7-acre parcel of mixed-use zoned land offering endless potential for residential, commercial, or combined development. Strategically located on a well-traveled road just minutes from Mt. Wachusett, this lot presents an exceptional opportunity for builders, investors, and developers alike.This offering also includes the iconic Sterling Inn at 240 Worcester Road, situated on an additional 1.6 acres with nearly 12,000 sq ft of existing structure. Whether you’re looking to revitalize the historic inn, convert it to multi-unit housing, or create a vibrant mixed-use community, this combined 5.3-acre site allows for creativity. With its central location, mixed-use zoning, and proximity to outdoor recreation, this is a rare development opportunity.

Property details

MLS
MLS Property Information Network
MLS #
73383570
Property type
Land
Subdivision
N/A
Status
Active
Days on market
506
On market date
June 2, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3.7 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Houghton Elementary
1.66 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
327
Student:teacher ratio
13.6:1
District
Wachusett
Middle
Chocksett Middle School
1.63 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
289
Student:teacher ratio
12.0:1
District
Wachusett
High
Clinton Senior High
3.33 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
510
Student:teacher ratio
12.1:1
District
Clinton

Walkability

Blended score for Sterling's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Car-dependent
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Sterling, from live MLS data.

On the market 506 days -- 401 more days than Sterling's current average of 105 days.
For reference, the median list price across 53 active listings in Sterling right now is $619,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.