A Fantastic Development Opportunity Awaits! Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you’re looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Available documentation includes perk tests and preliminary cost estimates for various development options. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.
Sterling is located in Massachusetts. Sterling, Massachusetts has a population of 8,015. Sterling is more family-centric than the surrounding county with 32.71% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Sterling, Massachusetts is $119,000. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Sterling is 49.9 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 47.5 inches per year, with 53.2 inches of snow per year.
