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    504 Main St Sturbridge, MA 01518

    For Sale
    $1,650,000

    Versatile 9-unit building with residential and commercial income potential.

    Lot size:
    0.44 Acres

    Property Features for 504 Main St

    General Information

    Lot size
    0.44 Acres

    Building Details

    Year built
    1900

    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

    Located in Sturbridge, Massachusetts, this 9-unit mixed-use building offers a combination of residential and commercial income potential. The property features apartment units and ground-level commercial space, suitable for investors seeking multiple revenue streams in a visible location. Several units have been partially updated, providing a foundation for improvements and added value. The building is situated on a well-laid-out lot with on-site parking, an advantage for residents and business tenants. The property is located close to Route 20, I-84, and I-90. With rental demand and flexible use options, this property presents an opportunity to own a mixed-use asset in an active local market.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sturbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.1085932
    Latitude
    42.1154178

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile 9-unit building with residential and commercial income potential.
    Where is this mixed-use property located?
    The property is located at 504 Main St Sturbridge, MA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - High-visibility location in desirable Sturbridge, MA.; - Versatile 9-unit mixed-use building with residential and commercial income potential.; - Ample on-site parking for residents and business tenants.
    (774) 230-3840
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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
    504 Main St Sturbridge, MA 01518
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