Active
6 Days on market
163-165 Central St Leominster — Photo 1 of 26

163-165 Central St Leominster — Photo 1 of 26

$480,000

163-165 Central St, Leominster, MA 01453

Leominster, MA 01453

Beds

3

Baths

2

SqFt

1,560

Style

Multi Family

Built

1900

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!

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$308/sqft
Local Avg (Leominster)$302/sqft
2% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Leominster, MA.

Property Details

Financials

Original Price$480,000
Annual Taxes$5,628

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementFull, Walk-Out Access

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningBB

Property & Lot

Acres0.15
SqFt Lot6,325
Lot FeaturesCorner Lot

Geography

Population

43,851

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: John Snyder

Listing Office: Redfin Corp.

MLS® Number: 73571762

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