Three-Space Retail
For Sale
$4,899,000
1-1200 Constitution Ave, Littleton, MA 01460
The commercial unit is configured as three distinct spaces, allowing separate occupancy or leasing.
Property Size19,133 SF
Price / SF$256.05
Days on Market23
Property Features for 1-1200 Constitution Ave
General Information
Standard status
Active
Size
19,133 SF
Taxes and HOA fees
Annual Taxes
$105,854
Building Details
Tenancy
Multi
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
The Prosperity Group
(617) 710-0929
Source:
Exprealty
Added: Oct 7
Changed: Oct 28
Last Checked: Oct 28 at 4:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC - Corporate Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail condominium unit contains 19,133 square feet arranged as three distinct commercial spaces. The configuration supports separate occupancy or leasing across the spaces. The sale includes the condominium unit only; no land is included. The property is located in Littleton, Massachusetts.
Key Highlights
- 19,133 square feet of retail space
- Configured as three distinct commercial spaces
- Condominium unit in Littleton, Massachusetts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$274,995
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,499,900
$5.5M
Cap Rate 7%
$3,928,500
$3.9M
Cap Rate 9%
$3,055,500
$3.1M
Market Conditions
NOI Build-Up for 19,133 SF
Gross rent
$420.2K $21.96/SF
− Vacancy
−$27.3K −$1.43/SF
EGI
$392.9K $20.53/SF
− OpEx
−$117.9K −$6.16/SF
NOI
$275.0K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,499,900
Cap Rate 7%
$3,928,500
Cap Rate 9%
$3,055,500
Alternative Uses
Best Use
Retail
$3.93M
$3.44M – $4.58M
NOI $274,995 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.33M
$9.91M – $13.21M
NOI $792,867 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 25%
Shops & Services 14%
Electronics 5%
Market Basket
Groceries
61,300 visits/mo
0.2 miles
Starbucks
Dining
22,888 visits/mo
0.0 miles
Mobil
Shops & Services
7,734 visits/mo
0.4 miles
Anthony's Coal Fired Pizza
Dining
6,694 visits/mo
0.1 miles
Fidelity Investments
Shops & Services
6,470 visits/mo
0.2 miles
Demographics for 01460, MA
10,141
Population
3,858
Households
2.6
Avg Household Size
43
Median Age
61%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
615
Density / Sq Mi
$146,250
Median Household Income
$80,259
Median Earnings
$1,542
Median Rent
$633,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The commercial unit is configured as three distinct spaces, allowing separate occupancy or leasing.
Where is this retail space located?
The property is located at 1-1200 Constitution Ave Littleton, MA.
What is the asking price?
The asking price for this property is $4,899,000.
What are key features of this property?
This property features: 19,133 square feet of retail space; Configured as three distinct commercial spaces; Condominium unit in Littleton, Massachusetts
