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    107 Woburn St Reading, MA 01867

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    For Sale
    $1,450,000

    Charming colonial building with approved variance for medical or wellness.

    Property size:
    4,568 SF
    Lot size:
    0.42 Acres

    Property Features for 107 Woburn St

    General Information

    Size
    4,568 SF
    Lot size
    0.42 Acres

    Source: BHHS - Commonwealth Real Estate | Reading Agent Kevin Coughlin

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

    Overview

    Colonial Building Near Commuter Rail

    This colonial building, previously a pediatric office, is located in Reading, across from the Reading commuter rail station. The two-story structure offers multiple waiting areas, exam rooms, and restrooms. It features newer heating and cooling systems. The property is currently zoned for single-family residential use but has a town-approved variance for medical or wellness services. The exterior features a symmetrical facade, a hip roof, and a brick walkway under a white pergola leading to the front entry. Ample parking is available. This property offers potential for healthcare or adaptation for another use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Mark J. ... Pediatrician Dr. Teresita M. ... Doctor Dowd Medical Associates ... Medical Center Rodriguez Jennifer M ... Doctor Linda B. Fallon, ... Registered General Nurse

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1088562
    Latitude
    42.5229723

    Nearby Similar for Sale

    • $810,000

      Antique Colonial Two-Family Home

      Classic two-family home near Memorial Park and Reading town center.
      52 Salem St, Reading, MA 01867
      View Details
    • $924,900

      Meticulously Maintained Two-Family Home

      Two-family home near downtown, commuter rail, and schools.
      856 Main St, Reading, MA 01867
      View Details

    FAQs

    What type of property is this?
    Medical office - Charming colonial building with approved variance for medical or wellness.
    Where is this medical office located?
    The property is located at 107 Woburn St Reading, MA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Unmatched convenience: directly across from the Reading commuter rail station.; - Town-approved variance for medical or wellness services.; - Ample parking available.
    (339) 222-1826
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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
    107 Woburn St Reading, MA 01867
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