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    1434 Main St Leicester, MA 01524

    For Lease
    Contact for pricing

    Retail and restaurant spaces available in Leicester, Massachusetts.

    Property size:
    2,400 SF
    Lot size:
    0.05 Acres

    Property Features for 1434 Main St

    General Information

    Size
    2,400 SF
    Lot size
    0.05 Acres

    Source: Kelleher & Sadowsky Agent Todd S. Alexander

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

    Overview

    Retail Space in Mixed-Use Development

    This property is part of a new mixed-use development in Leicester, Massachusetts. Mount Pleasant, formerly Leicester Country Club, will feature a large-scale living, shopping, and dining environment. The development includes a varied residential community and over 60,000 square feet of retail space. A 2,400-square-foot pad site with a drive-thru is available, suitable for a bank or small restaurant. Potential uses for the retail spaces include grocers, restaurants, entertainment venues, medical facilities, and general retail stores. Area retailers include Walmart, Starbucks, Tractor Supply, Wendy's, AT&T, and Subway.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9243211
    Latitude
    42.2445005

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    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces available in Leicester, Massachusetts.
    Where is this shopping center located?
    The property is located at 1434 Main St Leicester, MA.
    What are key features of this property?
    This property features: - Part of a new, large-scale mixed-use development (Mount Pleasant).; - Includes over 60,000 SF of retail space.; - Features a 2,400 SF pad site with drive-thru potential.
    (508) 981-7014
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    Leicester, MA 01524
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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
    1434 Main St Leicester, MA 01524
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