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    97 Elm St Millbury, MA 01527

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    For Lease
    $20 SF/Yr ($3,150 /Mo)

    Retail space in Millbury, MA, ideal for food-related businesses.

    Property size:
    1,890 SF
    Lot size:
    0.18 Acres

    Property Features for 97 Elm St

    General Information

    Size
    1,890 SF
    Lot size
    0.18 Acres

    Source: Kelleher & Sadowsky Agent Thomas J. Bodden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Retail Space Available

    This retail space, encompassing approximately 1,890 square feet, is located at 97 Elm Street in Millbury, Massachusetts. The space is currently occupied by Timothy Jay Sweets, a local bakery. The existing bakery infrastructure and equipment are available for purchase from the current tenant, presenting a turn-key opportunity for food-related businesses. The property is near Millbury Center, with accessibility to Route 146, I-90 (Mass Pike), and I-290. The location offers visibility, steady traffic, and proximity to local amenities. The Shoppes at Blackstone Valley, along with the town center, provide shopping and dining options. The area's history and scenery may appeal to businesses seeking local and visitor attention.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Timothy Jay Sweets Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7610157
    Latitude
    42.190933

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    FAQs

    What type of property is this?
    Retail space - Retail space in Millbury, MA, ideal for food-related businesses.
    Where is this retail space located?
    The property is located at 97 Elm St Millbury, MA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key opportunity for food-related businesses.; - Existing bakery infrastructure and equipment available for purchase.; - Excellent access to Route 146, I-90 (Mass Pike), and I-290.
    (774) 214-6225
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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
    97 Elm St Millbury, MA 01527
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