Fitness Center
New
For Sale
$4,899,000
1200 Constitution Avenue #1, Littleton, MA 01460
The commercial condominium is zoned IA and transfers without an associated land parcel.
Property Size19,133 SF
Price / SF$256.05
Days on Market4
Property Features for 1200 Constitution Avenue #1
General Information
Standard status
Active
Size
19,133 SF
Zoning
IA
Taxes and HOA fees
Annual Taxes
$105,854
Building Details
Year Built
2019
Listing Agency:
eXp Realty LLC - Corporate Office
Listed By:
The Prosperity Group
(617) 710-0929
Source:
Erealtyadvisors
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 5:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC - Corporate Office
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Investment Insights
Based on property information with market context.
This fitness-center property is a commercial condominium totaling 19,133 square feet. The building dates to 2019, and the sale does not include land.
Located at 1200 Constitution Avenue, #1, in Littleton, Massachusetts, the property carries IA zoning.
Located at 1200 Constitution Avenue, #1, in Littleton, Massachusetts, the property carries IA zoning.
Key Highlights
- 19,133‑square‑foot fitness center
- Built in 2019
- IA zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$274,995
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,499,900
$5.5M
Cap Rate 7%
$3,928,500
$3.9M
Cap Rate 9%
$3,055,500
$3.1M
Market Conditions
NOI Build-Up for 19,133 SF
Gross rent
$420.2K $21.96/SF
− Vacancy
−$27.3K −$1.43/SF
EGI
$392.9K $20.53/SF
− OpEx
−$117.9K −$6.16/SF
NOI
$275.0K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,499,900
Cap Rate 7%
$3,928,500
Cap Rate 9%
$3,055,500
Alternative Uses
Best Use
Retail
$3.93M
$3.44M – $4.58M
NOI $274,995 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.33M
$9.91M – $13.21M
NOI $792,867 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
116k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 25%
Shops & Services 14%
Electronics 5%
Market Basket
Groceries
61,300 visits/mo
0.2 miles
Starbucks
Dining
22,888 visits/mo
0.2 miles
Mobil
Shops & Services
7,734 visits/mo
0.5 miles
Anthony's Coal Fired Pizza
Dining
6,694 visits/mo
0.2 miles
Fidelity Investments
Shops & Services
6,470 visits/mo
0.1 miles
Demographics for 01460, MA
10,141
Population
3,858
Households
2.6
Avg Household Size
43
Median Age
61%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
615
Density / Sq Mi
$146,250
Median Household Income
$80,259
Median Earnings
$1,542
Median Rent
$633,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Eden Road Yoga — 435 King St Suite 203, Littleton, MA 01460
- Deans Family Chiropractic — 256 Great Rd #2, Littleton, MA 01460
- Dr. Aaron Deans, D.C. — 256 Great Rd, Littleton, MA 01460
- New England Yoga — 410 Great Rd, Littleton, MA 01460
- JFTM — 461 King St, Littleton, MA 01460
Frequently Asked Questions
What type of property is this?
Fitness center & gym - The commercial condominium is zoned IA and transfers without an associated land parcel.
Where is this fitness center & gym located?
The property is located at 1200 Constitution Avenue #1 Littleton, MA.
What is the asking price?
The asking price for this property is $4,899,000.
What are key features of this property?
This property features: 19,133‑square‑foot fitness center; Built in 2019; IA zoning
