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    537 Main St Sturbridge, MA 01518

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    For Sale
    $725,000

    Semi-renovated 5-unit property with residential and commercial space.

    Lot size:
    0.25 Acres

    Property Features for 537 Main St

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1825

    Source: Javier Velez Agent Javier Velez

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

    Overview

    Sturbridge Mixed-Use Investment Opportunity

    This semi-renovated 5-unit mixed-use property is located in Sturbridge, MA. The building features a blend of residential and commercial space, offering versatility for investors or business owners seeking additional rental income. It includes multiple updated residential units and a street-level commercial space suitable for retail, office, or service use. Recent improvements provide a foundation for continued value-add upgrades, while the existing character and structure are well-preserved. The property is situated in a high-demand area known for its historic charm and strong local economy, with convenient access to major routes. Ample parking is available for tenants and customers. This Sturbridge property is positioned for long-term income and appreciation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sturbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.1120835
    Latitude
    42.1157972

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    FAQs

    What type of property is this?
    Mixed-use property - Semi-renovated 5-unit property with residential and commercial space.
    Where is this mixed-use property located?
    The property is located at 537 Main St Sturbridge, MA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Mixed-use property offers diverse income streams with both residential and commercial units.; - Located in a high-demand area of Sturbridge, MA, known for its historic charm and strong local economy.; - Semi-renovated with recent improvements, providing a foundation for further value-add upgrades.
    (774) 230-3840
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    537 Main St Sturbridge, MA 01518
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    Sturbridge, MA 01518
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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
    537 Main St Sturbridge, MA 01518
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