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Off market
  • $747,200

    240 Worcester Rd, Sterling, MA 01564

    0beds
    0baths
    12,000sqft
    SingleFamily
    Built in 1908
    1.6 Acres Lot
    $747,200 Zestimate®
    $62/sqft
    $2,304 Estimated rent

    Home value

    $747,200

    $710,000 - $785,000

    $2,304/mo

    Zestimate® history
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    What's special

    TOWN ORDERED AUCTION OF FORMER ICONIC STERLING INN! The displayed price is the deposit amount required to register. The actual purchase price will be determined by the highest bid at LIVE AUCTION ON DECEMBER 10, 2021 at 12:00 PM. Once the grande dame of Central Massachusetts inns and restaurants, the former Sterling Inn offers endless possibilities. It sits on ±1.6 acres and includes an additional ±3.7 acre site directly across the street. The building features architectural elements reminiscent of Tudor design with prominent wood beams, stucco exterior, columns and wraparound patio. A circular drive on one side and paved parking area on the other offers easy access. The iconic structure was built in 1908 and has fallen into disrepair but appears structurally sound. Renovation of this gem will allow for a variety of uses by right including restaurants, retail sales, business and professional offices, financial institution, motel, hotel or inn and many other uses by special permit, as it is located in the Town Center district. The nearly ±12,000 square foot, 2 story building is rich with history and boasts many of the original features including extensive millwork throughout, columns in the dining hall, multiple fireplaces, paneled walls, wide staircases, sets of double doors, brass light fixtures, iron and oak handrails and oversized windows. The inn and restaurant areas include a large dining room, 4 complimenting function/meeting rooms, 6 to 8 guest suites, innkeepers living quarters, 8 bathrooms, lounge and bar area, commercial kitchen with cooler and basement with workshop, wine cellar and mechanicals. Make your vision become reality by acquiring this offering and restoring it to its original grandeur so it will once again be a vibrant part of the community. Terms: Bidder registration begins on site at 240 Worcester Road, Sterling, MA at 10:30 AM. Open House for Registered Bidders Only, no exceptions. For this property a deposit of $20,000, in certified or bank cashier's check is required to register to bid. Additional deposit bringing the total deposit to 10% of purchase price due next business day. Closing in 30 days. Property sold as is. We make no representations, warranties, or guarantees as to the accuracy of the information provided. MA Lic. #104

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Other, Oil
    Interior area
    • Total interior livable area: 12,000 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 1.60 Acres
    Details
    • Parcel number: STERM00105L00045
    • Lease amount: $0
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1908
    • Major remodel year: 0

    Utilities & green energy

    • Electric: Amps(0)

    Community & neighborhood

    Location
    • Region: Sterling

    Other

    Other facts
    • HeatingYN: true
    • Furnished: Unfurnished
    • YearBuiltEffective: 0
    • CoveredSpaces: 0
    • SpecialListingConditions: Auction
    • LandLeaseAmount: 0
    • MlsStatus: Active
    • TaxAnnualAmount: 0
    • Electric: Amps(0)
    • ParcelNumber: 10547, 10522

    Price history

    DateEventPrice
    10/22/2012Listing removed$400,000$33/sqft
    Source: Evergreen Realty #71254716
    9/7/2012Price change$400,000-32.8%$33/sqft
    Source: Evergreen Realty #71254716
    8/17/2012Listed for sale$595,000$50/sqft
    Source: Evergreen Realty #71254716
    11/2/2011Listing removed$595,000$50/sqft
    Source: Evergreen Realty #71254716
    11/1/2011Price change$595,000+32.2%$50/sqft
    Source: Evergreen Realty #71254716

    Public tax history

    YearProperty taxesTax assessment
    2025$4,835 -0.6%$375,400 +2.7%
    2024$4,865 +5.9%$365,500 +13.8%
    2023$4,592 +6.5%$321,100 +13.5%

    Find assessor info on the county website

    Neighborhood: 01564

    Nearby schools

    GreatSchools rating
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    $747,200
    2% more+ $14,944
    With Zillow Showcase(estimated)
    $762,144