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    124 Main St Norfolk, MA 02056

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    For Sale
    $1,025,000

    Versatile commercial property in Norfolk's Business District.

    Property size:
    7,000 SF
    Lot size:
    0.73 Acres

    Property Features for 124 Main St

    General Information

    Size
    7,000 SF
    Lot size
    0.73 Acres

    Source: BHHS - Page Realty | Medfield Agent Danielle Rochefort

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

    Overview

    Main Street Commercial Property

    This commercial property is located on Main Street in Norfolk's Business District, adjacent to the MBTA commuter rail. The property offers two distinct areas suitable for business use or redevelopment. The office area includes 12 private offices, a boardroom, reception area, kitchen, and baths. The industrial area features high ceilings, a large garage entry for loading and unloading, office space, a mezzanine level for additional storage, a kitchenette, and a bath. The flexible layout is suitable for businesses requiring substantial open space, including fitness/gyms, indoor sports training, light manufacturing, showrooms, or similar operations. The property size is 7000 square feet, and the lot size is 1.5 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    New England Interior ... Interior Designer Pit Stop Performance Auto Repair Shop Desco-Diagnostic Equipment Services Medical Supply Store DESCO Industrial Equipment Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3232001
    Latitude
    42.1209813

    Nearby Similar for Sale

    • $849,900

      Spacious Norfolk Two-Family Home

      Two-family home in Norfolk's business district with rental income potential.
      118 Main St, Norfolk, MA 02056
      View Details
    • $595,000
      2,216 SF

      Norfolk Office Space For Sale

      Office property with 2,216 square feet of space.
      5 Sharon Ave, Norfolk, MA 02056
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile commercial property in Norfolk's Business District.
    Where is this office space located?
    The property is located at 124 Main St Norfolk, MA.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: - Prime commercial property on Main Street in Norfolk's Business District.; - Adjacent to the MBTA commuter rail.; - Versatile investment with two distinct areas offering multiple possibilities for business use or redevelopment.
    (508) 954-7690
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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
    124 Main St Norfolk, MA 02056
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