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    33 Main St Ashburnham, MA 01430

    Sponsored
    For Sale
    $1,300,000

    Three buildings, excellent rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity in Ashburnham, MA, presents three buildings on a 1.11-acre lot at 33 Main Street. The primary structure is a well-maintained brick building featuring four offices and three apartments, all currently rented. Recent upgrades include newer windows and a new roof. The property benefits from tenants at will, with tenants responsible for their own heat and electricity. Adding to the income potential, a thriving daycare center, operating successfully since 2013, occupies a building at the rear of the main structure. A second daycare is located behind GFA Bank on the property. The existing tenants provide a stable income stream. Washers and dryers are tenant-owned. This property offers a unique blend of commercial and residential income, making it an attractive investment for those seeking a diversified portfolio. The central location in Ashburnham ensures convenient access to local amenities and services. The strong rental history and recent improvements make this a low-maintenance, high-return investment opportunity. The property's size and layout offer potential for future expansion or redevelopment, subject to local zoning regulations. This is a rare chance to acquire a well-established, income-producing property in a desirable location. The asking price is $1,300,000.

    Property Features for 33 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    48,352 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashburnham
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.90865
    Latitude
    42.63551

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Three buildings, excellent rental income.
    Where is this commercial real estate located?
    The property is located at 33 Main St Ashburnham, MA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (978) 827-4018
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    33 Main St Ashburnham, MA 01430
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    Realmo Value Estimation

    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.

    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.

    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
    33 Main St Ashburnham, MA 01430
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