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    305 Shears St Wrentham, MA 02093

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    For Sale
    $629,900

    Highly visible mixed-use property with rental income potential.

    Lot size:
    0.17 Acres

    Property Features for 305 Shears St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1969

    Source: Berkshire Hathaway HomeServices Evolution Properties Agent Trish Bergevine

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

    Overview

    Mixed-Use Property with Rental Income

    This mixed-use property presents an opportunity for business ownership with the added benefit of rental income. Located in a highly visible area, the property is suitable for various businesses, including a deli, bakery, pizza shop, or hair/nail salon. The building features a newer roof and siding, suggesting reduced maintenance needs. The property includes an upstairs rental unit, which can generate income to offset operating costs. The space is well-maintained, making it suitable for entrepreneurs or investors. This location offers the space and visibility to support business growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Michael's Deli & Cafe Caterer Yumtastic Cake Company ... Bakery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Wrentham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3265701
    Latitude
    42.0836659

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    FAQs

    What type of property is this?
    Storefront property - Highly visible mixed-use property with rental income potential.
    Where is this storefront property located?
    The property is located at 305 Shears St Wrentham, MA.
    What is the asking price?
    The asking price for this property is $629,900.
    What are key features of this property?
    This property features: - Income-generating rental unit helps offset mortgage costs.; - High-visibility location ideal for attracting customers.; - Suitable for a variety of business types (e.g., deli, bakery, salon).
    (617) 899-8373
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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
    305 Shears St Wrentham, MA 02093
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