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
    The Largest CRE Database in the US with Over 1 Million Listings

    7 Elm St, Unit C1 Townsend, MA 01469

    Sponsored
    For Lease
    $650 /Mo ($0.41 SF/Yr)

    COMMERCIAL - Townsend, MA

    Property size:
    1,000 SF
    Lot size:
    0.44 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for 7 Elm St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DCD
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    M:0051 B:0018 L:0000,806338
    Size
    1,000 SF
    Lot size
    0.44 Acres

    Building Details

    Year built
    1880

    We can help!

    Listing Contact
    Claire Ryan

    Keller Williams Realty Merrimack Valley (978) 692-3280

    Listing agent Claire Ryan

    Listing date Feb 18, 2026

    MLS# 73478094

    Copyright © 2026 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

    Flexible Commercial Space in Townsend

    This commercial property offers flexible retail and office space with multiple leasing configurations to suit various business needs. The property is suitable for offices, salons, and dance or fitness studios. Heat, hot water, electric, and sewer services are included in the lease, and ample on-site parking is available. All units have access to a spacious lobby, a reception-style office, and a bathroom. Available spaces include Unit A, which offers nearly 1,000 square feet and was previously used as a dance studio featuring abundant natural light and lobby-side viewing windows. Unit B provides approximately 450 square feet with a bay window and an interior viewing window, and it can be combined with the kitchenette (Unit B1). Unit C features private office space with two entrances, a bathroom, and a file room; it can be combined with the kitchenette (Unit C1). Unit D, the entire upper level, includes multiple studios, offices, a kitchenette, bathrooms, laundry hookups, and separate access. The property is located in Townsend, MA, on a lot of approximately 0.4407 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ice Cream Factory Grocery & Convenience Store

    Suggested Use

    Restaurant Law Firm Dental Office Hair Salon Building Supply Kitchen & Bath Showroom Daycare Center Grocery & Convenience Store Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.70643
    Latitude
    42.666336

    Nearby Similar for Lease

    • New
      $2,500 /Mo
      19,197 SF

      Versatile Commercial Space in Townsend

      Flexible retail/office spaces with utilities included and ample parking.
      7 Elm St, Townsend, MA 01469
      View Details
    • New
      $800 /Mo
      19,197 SF

      Versatile Commercial Space in Townsend

      Flexible retail/office spaces with utilities included and ample parking.
      7 Elm St, Townsend, MA 01469
      View Details
    • New
      $650 /Mo
      19,197 SF

      Flexible Retail/Commercial Space Available

      Adaptable commercial space with multiple configurations in Townsend, MA.
      7 Elm St, Townsend, MA 01469
      View Details
    • New
      $1,500 /Mo
      19,197 SF

      Flexible Retail & Commercial Space

      Multiple leasing configurations available to fit various business needs.
      7 Elm St, Townsend, MA 01469
      View Details
    • New
      $500 /Mo
      19,197 SF

      Flexible Retail & Commercial Space

      Multiple leasing configurations available to fit your business needs.
      7 Elm St, Townsend, MA 01469
      View Details
    • Contact for pricing
      29,670 SF

      Townsend Industrial Warehouse For Sale

      29,670 SF Manufacturing/Warehouse in MA
      365 Main St, Townsend, MA 01469
      View Details
    • Contact for pricing
      99,707 SF

      Harbor Village Retail Spaces

      Townsend, MA storefront opportunity
      18 Main St, Townsend, MA 01469
      View Details
    • $750 /Mo
      420 SF

      Second Floor Office Space Available

      420 SF office space with included utilities for rent.
      370 Main St, West Townsend, MA 01474
      View Details

    FAQs

    What type of property is this?
    Retail space - Adaptable retail/office spaces with utilities and parking included.
    Where is this retail space located?
    The property is located at 7 Elm St, Unit C1 Townsend, MA.
    What is the lease rate?
    The lease rate is $0.41 SF/Yr.
    What are key features of this property?
    This property features: - All utilities included (heat, hot water, electric, sewer); - Flexible leasing configurations (entire space or individual units); - Ample on-site parking
    (978) 692-3280
    Request Owner's contact information
    7 Elm St, Unit C1 Townsend, MA 01469
    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.
    7 Elm St, Unit C1
    Townsend, MA 01469
    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
    7 Elm St, Unit C1 Townsend, MA 01469
    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
    Claire Ryan
    (978) 692-3280 (978) 996-8287
    Learn more
    Google sign-in failed. Please try again or use another login method.