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    Retail Strip on Main Street Title is generated by Realmo AI

    123 S Main St, Athol, MA 01331

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    High-visibility retail strip with four storefronts in Athol, MA.

    Type:Retail
    Property size:
    6,632 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $180/SF
    Added:
    Mar 11, 2026
    Days on Market:
    109
    Last Refresh:
    Mar 19 at 10:44 pm

    Property Features for 123 S Main St

    General Information

    Standard status
    Active
    Size
    6,632 SF
    Lot size
    0.57 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1986

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    Duncan Chapman
    Duncan Chapman

    Listing office KW Commerical North Central

    Listing date Mar 11, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of KW Commerical North Central

    HighLights

    • High‑visibility location on Main Street retail corridor.
    • Four commercial storefronts offering flexible layouts.
    • Ample parking for customers and employees.
    • Easy access to Route 2, a major east‑west highway.
    • Situated in a growing market with walkable access.
    • Suitable for investment or owner‑user occupancy.

    Overview

    Located at 123 S Main Street in Athol, MA, this 6,632 SF retail property features four commercial storefronts in a well-positioned neighborhood strip center. Situated on 0.57 acres, the property offers strong street visibility, ample parking, and flexible layouts suitable for service retail, food concepts, convenience, or professional uses. Situated along the Main Street retail corridor, the property benefits from consistent local traffic and accessibility from surrounding residential neighborhoods. Just minutes to Route 2, the region’s primary east–west highway, the location provides easy access for customers and employees from Athol, Orange, Gardner, and greater North Central Massachusetts. This storefront strip delivers stable retail fundamentals, walkable access, and strategic positioning in a growing market.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $143.3k $21.60
    − Vacancy −$3.2k −$0.48
    EGI $140.1k $21.12
    − OpEx −$42.0k −$6.34
    NOI $98.1k $14.79
    6,632 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.40M
    $1.23M – $1.63M (±1% cap)
    NOI $98,070 @ 7.0% cap · market cap 8.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.26M
    $1.98M – $2.64M (±1% cap)
    NOI $158,531 @ 7.0% cap · market cap 13.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Athol
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.2412235
    Latitude
    42.5919125

    FAQs

    What type of property is this?
    Strip mall - High-visibility retail strip with four storefronts in Athol, MA.
    Where is this strip mall located?
    The property is located at 123 S Main St Athol, MA.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: High‑visibility location on Main Street retail corridor.; Four commercial storefronts offering flexible layouts.; Ample parking for customers and employees.
    (978) 840-9000 Call to check price and availability
    More about this property
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