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    21 E Main St Westborough, MA 01581

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    For Lease
    $18 SF/Yr ($4,908 /Mo)

    Former bank/retail space with drive-through and ample parking.

    Property size:
    3,272 SF
    Lot size:
    0.58 Acres

    Property Features for 21 E Main St

    General Information

    Size
    3,272 SF
    Lot size
    0.58 Acres

    Source: Kelleher & Sadowsky Agent Brian A. Johnson

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

    Overview

    Retail Space on East Main

    Located on East Main Street at the entrance to Bay State Commons, this former bank and retail space offers visibility and convenient access to Route 9 and I-495. The available retail spaces measure approximately 3,272 square feet and approximately 2,640 square feet. These contiguous spaces can be combined to offer a total of approximately 5,912 square feet. The property features an existing drive-through with space for an ATM. Building signage is provided with the space, along with top position on the monument sign. The space is suitable for various uses, including banks, retail, and medical purposes. Many retail amenities are located in close proximity to the building, and ample on-site parking is available.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6118134
    Latitude
    42.2710132

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    FAQs

    What type of property is this?
    Bank - Former bank/retail space with drive-through and ample parking.
    Where is this bank located?
    The property is located at 21 E Main St Westborough, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on East Main Street at the entrance to Bay State Commons.; - Contiguous retail spaces available, totaling ±5,912 SF, offering flexible sizing options.; - Existing drive-through with space for an ATM.
    (774) 272-1112
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    21 E Main St Westborough, MA 01581
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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
    21 E Main St Westborough, MA 01581
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