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    Retail Strip Center with 4 Storefronts Title is generated by Realmo AI

    123 S Main St Athol, Athol, MA 01331

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    New
    For Sale
    $1,199,000

    Multi-storefront retail strip offers street visibility, parking, and flexible space for service, food, convenience, or professional use.

    Property size:
    7,074 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $169/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 4:46 am

    Property Features for 123 S Main St Athol

    General Information

    Standard status
    Active
    Size
    7,074 SF
    Lot size
    0.57 Acres

    Building Details

    Year Built
    1986

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    Listing Contact
    Amanda Lucido Hodges

    Listing agent Amanda Lucido Hodges

    Listing office

    Listing date Jun 10, 2026

    Source Bournetosellrealestate

    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 Amanda Lucido Hodges

    HighLights

    • 7,000+ SF retail property built in 1986 at 123 S Main Street in Athol, MA
    • 4 commercial storefronts within a strip center on 0.57 acres
    • Flexible layouts suited for service retail, food concepts, convenience, or professional uses
    • Ample on‑site parking for customers and employees
    • Located along the Main Street retail corridor with strong street visibility
    • Minutes to Route 2 for easy access from surrounding North Central Massachusetts towns

    Overview

    This retail property is a 7,000+ SF strip center featuring four commercial storefronts within a single, cohesive configuration. Set on 0.57 acres, the building is designed to support multiple ground-floor retail users, with layouts described as flexible for service retail, food concepts, convenience, or professional uses. Ample parking and a storefront-oriented setup make it straightforward for customers to access and navigate the individual spaces.

    The property is located at 123 S Main Street in Athol, Massachusetts, along a Main Street retail corridor. Public remarks note strong street visibility and walkable access from surrounding residential neighborhoods, with convenient access to Route 2, the region’s primary east-west highway. The center is positioned to serve customers and employees traveling in from Athol, Orange, Gardner, and the greater North Central Massachusetts area.

    For tenants, this configuration can work well for operators who want storefront identity and the ability to tailor their space within a multi-tenant retail setting. For buyers, the asset offers an owner-user option alongside the potential to market to multiple retail formats across four storefronts, supported by practical site amenities like parking and prominent curb presence.

    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 $152.8k $21.60
    − Vacancy −$3.4k −$0.48
    EGI $149.4k $21.12
    − OpEx −$44.8k −$6.34
    NOI $104.6k $14.79
    7,074 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.49M
    $1.31M – $1.74M (±1% cap)
    NOI $104,606 @ 7.0% cap · market cap 8.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.42M
    $2.11M – $2.82M (±1% cap)
    NOI $169,097 @ 7.0% cap · market cap 14.10%
    Zoning and permitted uses should be independently verified with local authorities.
    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 - Multi-storefront retail strip offers street visibility, parking, and flexible space for service, food, convenience, or professional use.
    Where is this strip mall located?
    The property is located at 123 S Main St Athol 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: 7,000+ SF retail property built in 1986 at 123 S Main Street in Athol, MA; 4 commercial storefronts within a strip center on 0.57 acres; Flexible layouts suited for service retail, food concepts, convenience, or professional uses
    More about this property
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