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    11 Sanborn 1&2 Reading, MA 01867

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    For Lease
    $5,500 /Mo

    Adaptable space in a vibrant downtown location, suitable for various businesses.

    Lot size:
    0.25 Acres

    Property Features for 11 Sanborn 1&2

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1929

    Source: LAER Realty Partners Agent Elena Cristina Marchis

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

    Overview

    Versatile Space in Reading Town

    This 4,357 square foot space is located in the heart of Reading's vibrant town center. Housed in a brick building, the property features bright, open rooms with high ceilings and an abundance of natural light from large, oversized windows. The flexible floor plan includes a commercial-grade kitchen. The layout is suitable for an art gallery, photo studio, dance studio, boutique gym with space for smoothie/sandwich preparation, retail shop, creative studio, or modern office. The property is in a prime downtown location with easy access to shops, commuter rail, and major routes.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1055
    Latitude
    42.5351

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    FAQs

    What type of property is this?
    Retail space - Adaptable space in a vibrant downtown location, suitable for various businesses.
    Where is this retail space located?
    The property is located at 11 Sanborn 1&2 Reading, MA.
    What are key features of this property?
    This property features: - Prime downtown location with easy access to shops, commuter rail, and major routes.; - Versatile 4,357SF+ space suitable for various business types (art gallery, studio, retail, office, etc.).; - Bright, open rooms with soaring ceilings and abundant natural light from oversized windows.
    (857) 400-6097
    Request Owner's contact information
    11 Sanborn 1&2 Reading, MA 01867
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    Reading, MA 01867
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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
    11 Sanborn 1&2 Reading, MA 01867
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