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    370 S Main St Hopedale, MA 01747

    For Sale
    $550,000

    2.56-acre property with approved warehouse development and house.

    Lot size:
    2.56 Acres

    Property Features for 370 S Main St

    General Information

    Lot size
    2.56 Acres

    Building Details

    Year built
    1940

    Source: Century 21 Custom Home Realty Agent Lexine Winter

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

    Overview

    Multi-Use Commercial Lot For Sale

    This 2.56-acre property presents opportunities for investors, developers, and entrepreneurs. Approvals are in place for two 5-bay warehouses, making it suitable for a multi-use commercial lot. An existing house is down to the studs, presenting a flip-and-hold investment opportunity with potential for rental income or resale after updates. The location offers visibility, accessibility, and a range of commercial and mixed-use opportunities. This property is located in Hopedale, MA.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Precision Stability Storage

    Location Insight

    • Map
    • Local Demand
    City
    Hopedale
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5043555
    Latitude
    42.105673

    Nearby Similar for Sale

    • Contact for pricing

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    • $900,000
      4,500 SF

      Hopedale Industrial Property For Sale

      Industrial property with convenient access to major highways.
      3 Condon Way, Hopedale, MA 01747
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    FAQs

    What type of property is this?
    Warehouse - 2.56-acre property with approved warehouse development and house.
    Where is this warehouse located?
    The property is located at 370 S Main St Hopedale, MA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Approved for **two 5-bay warehouses**, offering immediate development potential.; - 2.56-acre lot provides ample space for commercial or mixed-use development.; - Existing house (down to studs) presents a flip-and-hold investment opportunity.
    (508) 904-1667
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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
    370 S Main St Hopedale, MA 01747
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