INNOVATE Real Estate
Commercial at 85-87 Water St, Fitchburg MA 01420
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 2 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 3 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 4 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 5 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 6 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 7 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 8 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 9 of 13
Commercial at 85-87 Water St, Fitchburg MA 01420, photo 10 of 13
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Commercial at 85-87 Water St, Fitchburg MA 01420, photo 13 of 13
13 photos

$750,000

85-87 Water St, Fitchburg MA 01420
Fitchburg, MA 01420
Listed by Bruce Gallant
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This 3/4 acre sute is in the middle of a very active retail setting with retail businesses on both sides of a very busy section (Wallace Plaza across the St) of Route 12 in Fitchburg. It currenntly has a cold storage building on site that may need to be torn down for your best use, but the loacation is fantastic. Currently zoned industrial, but ready to easily be rezoned for your retail use. Definitely worth a look.

Property details

MLS
MLS Property Information Network
MLS #
73526916
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
151
On market date
May 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.74 acres

Location

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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
South Street Elementary
0.61 mi away · Grades -1-4
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
586
Student:teacher ratio
12.7:1
District
Fitchburg
Middle
Arthur M Longsjo Middle School
0.5 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
648
Student:teacher ratio
13.5:1
District
Fitchburg
High
Goodrich Academy
0.71 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
158
Student:teacher ratio
19.8:1
District
Fitchburg

Walkability

Blended score for Fitchburg'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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks16
Schools20
Transit stops20
Pharmacies2

Market position

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

On the market 151 days -- 56 more days than Fitchburg's current average of 95 days.
For reference, the median list price across 388 active listings in Fitchburg right now is $399,900.

Mortgage calculator

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

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%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,667/mo
$150,000 down
$600,000 loan
Principal & interest$3,892
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 30 days ago.

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.