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    222 Main St Townsend, MA 01469

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    For Sale
    $3,590,000

    Retail shopping center with anchor tenant and expansion potential.

    Property size:
    26,000 SF
    Lot size:
    2.49 Acres

    Property Features for 222 Main St

    General Information

    Size
    26,000 SF
    Lot size
    2.49 Acres

    Source: Moore Real Estate Agent Derek Cotoni

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

    Overview

    Retail Shopping Center For Sale

    The retail shopping center available for sale is located at 222 Main Street in Townsend, MA, anchored by Family Dollar. The property comprises two parcels totaling approximately 26,000 square feet of retail space on approximately 2.86 acres. The main retail shopping center is approximately 25,000 square feet, with 6 out of 9 units currently leased. Behind unit 8, there is a 20' x 100' foundation that could be used for potential expansion, subject to town approvals. This could be ideal for a developer to maximize the property. An additional free-standing building of approximately 1,200 square feet will be delivered vacant and could be used to operate a quick service restaurant or bank, with potential for a drive-thru, subject to town approval. The free-standing building and other vacancies in the main retail shopping center allow flexibility for a buyer to operate their own business at this location. The property is located on Main Street/Rte. 119, and behind the property is the bike/walking trail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New England Nail ... Nail Salon Champion Cleaners Dry Cleaner Screen Monstah Screen Printing Shop Blue Chip Painting ... Contractor Screen Monstah Ink Screen Printing Shop

    Suggested Use

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

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

    Similar Places Nearby

    Townsend Central Plaza Mall

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.701279
    Latitude
    42.6641766

    Nearby Similar for Sale

    • $414,900
      0.25 Acres

      Townsend Mixed-Use Investment Opportunity

      Prime location, 3-unit building, high traffic area.
      Main St, Townsend, MA 01469
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail shopping center with anchor tenant and expansion potential.
    Where is this shopping center located?
    The property is located at 222 Main St Townsend, MA.
    What is the asking price?
    The asking price for this property is $3,590,000.
    What are key features of this property?
    This property features: - Anchor tenant: Family Dollar; - Potential expansion: **20' x 100' foundation for development (subject to approvals)**; - Free-standing building: 1,200+\/- SF, delivered vacant, suitable for restaurant/bank with drive-thru potential (subject to approvals)
    (978) 955-0624
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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
    222 Main St Townsend, MA 01469
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