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    49 S Main St Middleton, MA 01949

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    For Lease
    Contact for pricing

    New mixed-use development with high-profile pad sites for lease.

    Property size:
    18,800 SF
    Lot size:
    1.88 Acres

    Property Features for 49 S Main St

    General Information

    Size
    18,800 SF
    Lot size
    1.88 Acres

    Source: Atlantic Retail - Corporate Agent Mary Powers

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

    Overview

    Mixed-Use Development Pad Sites Available

    This new mixed-use development is located on the former site of Angelica’s restaurant in Middleton. High profile pad sites are available on 114 at Route 62. Ground lease or build-to-suit options are available with flexible building sizes. A drive-thru is available. The site is planned to include 60 residential units. The location serves commuter traffic on Route 114 and the communities of North Andover, Middleton, Lynnfield, and Danvers. The property size is 18800 square feet and is suitable for drive-through restaurants, restaurants, retail properties, retail space, and individual retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0151955
    Latitude
    42.5924127

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    FAQs

    What type of property is this?
    Drive through restaurant - New mixed-use development with high-profile pad sites for lease.
    Where is this drive through restaurant located?
    The property is located at 49 S Main St Middleton, MA.
    What are key features of this property?
    This property features: - High-profile pad sites available on Route 114 at Route 62.; - New mixed-use development.; - Ground lease or Build-to-Suit options.
    (617) 239-3600
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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
    49 S Main St Middleton, MA 01949
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