Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    35-41 W Main St, Unit unit 7 & 8 Georgetown, MA 01833

    Sponsored
    For Lease
    $1.00 SF/Yr

    COMMERCIAL - Georgetown, MA

    Property size:
    828 SF
    Lot size:
    0.54 Acres
    Days on Market:
    34
    Last Refresh:
    Jan 20 at 3:06 pm

    Property Features for 35-41 W Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    M:0011A B:00000 L:00031,1891549
    Size
    828 SF
    Lot size
    0.54 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Susan Rochwarg
    Susan Rochwarg

    Keller Williams Realty Success (978) 475-2111

    Listing agent Susan Rochwarg

    Listing date Dec 18, 2025

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Georgetown Office Space For Lease

    Located in the center of downtown Georgetown, this second-floor office space offers 828 square feet in the Eagle Building. The layout includes both open and private offices. Signage provides visibility on high-traffic West Main Street, also known as Route 97, which experiences an average annual daily traffic count of 15,430 vehicles, according to the Massachusetts Department of Transportation. The space can be subdivided into a 337-square-foot area and a 482-square-foot area. Situated near the primary intersection in town, the property benefits from high visibility on Route 133 (Main Street), Route 97, and North Street, and is located just 2 miles from I-95. Nearby retailers include Dunkin Donuts, Salem Five, Napa Auto Parts, Crosby Market, Mobil, CVS, and The Spot restaurant. The lease is modified gross, with heat included. Tenants are responsible for utilities in addition to the base rent. The property is located on a 0.54-acre lot. The zoning is 'C'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.992725
    Latitude
    42.725441

    Nearby Similar for Lease

    • $1.00 SF/Yr
      1,400 SF

      Georgetown Medical Office Space

      Flexible office suite in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • $1.00 SF/Yr
      839 SF

      Georgetown Office Space For Lease

      Lower level office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • $1.00 SF/Yr
      625 SF

      Georgetown Retail/Office Space Available

      First-floor retail or office space in downtown Georgetown.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • $595 /Mo
      250 SF

      Georgetown Office Space For Lease

      Affordable office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • $495 /Mo
      200 SF

      Georgetown Office Space For Lease

      Affordable office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • Contact for pricing
      30,305 SF

      Premium Office Space Available

      Class A office space in a master-planned business park.
      62 Forest St, Marlboro, MA 01832
      View Details
    • Contact for pricing
      5,727 SF

      Marlborough Mixed-Use Development Retail Space

      Available 5,727 SF retail space in mixed-use development.
      303 Lincoln St, Marlboro, MA 01833
      View Details
    • Contact for pricing
      83,000 SF

      Essex County Warehouse Space for Lease

      83,000 SF Warehouse, Multiple Tenants
      16 Carleton Dr, Georgetown, MA 01833
      View Details
    • Contact for pricing
      200,000 SF

      Marlborough Hills Build-to-Suit Opportunity

      160,000-200,000 SF build-to-suit opportunity near Cambridge and Boston.
      200 Forest St, Marlboro, MA 01832
      View Details
    • Contact for pricing
      1,200 SF

      Marlborough Office & Flex Space

      Office and flex space for lease in Marlborough, Massachusetts.
      7 Mechanic St, Marlboro, MA
      View Details
    • Contact for pricing
      4,000 SF

      Renovated Office Space for Rent

      Recently renovated office building with on-site amenities and loading dock.
      201 Boston Post Rd W, Marlboro, MA
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Apex Center

      Retail opportunity within a vibrant mixed-use entertainment complex.
      43 Apex Dr, Marlboro, MA
      View Details

    FAQs

    What type of property is this?
    Office space - Second-floor office space in downtown Georgetown with high visibility.
    Where is this office space located?
    The property is located at 35-41 W Main St, Unit unit 7 & 8 Georgetown, MA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - **High-visibility signage** on high-traffic W Main St (Route 97) with 15,430 AADT.; - Prime downtown Georgetown location near the primary intersection of Routes 133, 97, and North Street.; - Ample parking available.
    (978) 475-2111
    Request Owner's contact information
    35-41 W Main St, Unit unit 7 & 8 Georgetown, MA 01833
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35-41 W Main St, Unit unit 7 & 8
    Georgetown, MA 01833
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35-41 W Main St, Unit unit 7 & 8 Georgetown, MA 01833
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Susan Rochwarg
    Susan Rochwarg
    (978) 475-2111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.