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    178 Park St North Reading, MA 01864

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    For Lease
    $1,500 /Mo

    Turn-key medical/office/retail space in ideal North Reading location.

    Lot size:
    0.79 Acres

    Property Features for 178 Park St

    General Information

    Lot size
    0.79 Acres

    Building Details

    Year built
    1961

    Source: Leading Edge Real Estate Agent The Bill Butler Group

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

    Overview

    Medical/Office/Retail Space in North Reading

    This property is located in the heart of North Reading, across the street from North Reading High School. The space is currently configured as a turn-key medical office, previously occupied by a Laser Skin Care practice acquired by Mass General Hospital. The layout includes three exam rooms with sinks, a front lobby/waiting room, an office, a bathroom, and a storage area. The space could also be configured for an office or retail use. There is plenty of parking available. The property will be available starting October 1, 2025, with a preference for a 2-5 year lease. Heat is included in the rent, while the tenant is responsible for electric.
    Insight Report Location Intelligence

    Current Use by Public Records

    Joseph Tatone & Associates Architect Emma's Classic Barber Shop Dooley & Mason Realty ... Real Estate Agency Asch Alexander J ... Pediatrician Laser RN Skincare Medical Spa

    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.

    Similar Places Nearby

    Park Street Veterinary Clinic

    Location Insight

    • Map
    • Local Demand
    City
    North Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0819661
    Latitude
    42.5733914

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    FAQs

    What type of property is this?
    Medical office - Turn-key medical/office/retail space in ideal North Reading location.
    Where is this medical office located?
    The property is located at 178 Park St North Reading, MA.
    What are key features of this property?
    This property features: - Ideal location in the heart of North Reading, across from the High School.; - Turn-key space, previously a successful Laser Skin Care practice.; - Easily reconfigured for medical office, general office, or retail use.
    (617) 771-9376
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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
    178 Park St North Reading, MA 01864
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