Retail Space with
New
For Sale
$99,000
125 E Main St, West Brookfield, MA 01585
Open-concept retail space includes a separate greenhouse, fenced display area, and town water.
Property Size420 SF
Price / SF$235.71
Days on Market6
Property Features for 125 E Main St
General Information
Standard status
Active
Size
420 SF
Property subtype
Commercial
Zoning
GD, Legal Conforming
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,601
Building Details
Year Built
1920
Construction
metal
Listing Agency:
RE/MAX Prof Associates
(508) 347-9595
Listed By:
Julie-Ann Horrigan · License #9586662
(508) 735-6981
Source:
Condonrealty
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 5:19PM
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 RE/MAX Prof Associates
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Investment Insights
Based on property information with market context.
An open-plan retail building measures 15 x 28 feet and features large windows, French doors, vaulted ceilings, and track lighting. An 8 x 10-foot storage closet provides interior storage, while an 8 x 28-foot fenced area in front of the building offers additional display or storage space. The property also includes a 20 x 48-foot greenhouse with electric service; its plastic covering was replaced in 2019. Town water, updated electrical service, and a new 2,000-gallon tight tank serve the property, with an exterior electrical hookup for a food truck and wiring in place for a street sign.
The property is zoned GD and is legally conforming. It has operated as a farm stand and, more recently, as a country store. The site is identified as a Route 9 location and includes ample parking.
The property is zoned GD and is legally conforming. It has operated as a farm stand and, more recently, as a country store. The site is identified as a Route 9 location and includes ample parking.
Key Highlights
- 15 x 28‑foot open‑plan retail building with large windows, French doors, vaulted ceilings, and track lighting
- 20 x 48‑foot greenhouse has electric service; plastic covering replaced in 2019
- 8 x 28‑foot fenced display or storage area in front of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,211
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,220
$124.2K
Cap Rate 7%
$88,729
$88.7K
Cap Rate 9%
$69,011
$69.0K
Market Conditions
NOI Build-Up for 420 SF
Gross rent
$9.1K $21.60/SF
− Vacancy
−$200 −$0.48/SF
EGI
$8.9K $21.12/SF
− OpEx
−$2.7K −$6.34/SF
NOI
$6.2K $14.79/SF
Area
Worcester County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$124,220
Cap Rate 7%
$88,729
Cap Rate 9%
$69,011
Alternative Uses
Best Use
Retail
$88.7K
$77.6K – $103.5K
NOI $6,211 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$143.4K
$125.5K – $167.3K
NOI $10,040 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 01585, MA
4,899
Population
2,432
Households
2
Avg Household Size
50
Median Age
28%
College-Educated
94%
High-School Grad
28.1 sq mi
ZIP Area
174
Density / Sq Mi
$70,753
Median Household Income
$42,338
Median Earnings
$1,153
Median Rent
$319,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Open-concept retail space includes a separate greenhouse, fenced display area, and town water.
Where is this retail space located?
The property is located at 125 E Main St West Brookfield, MA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 15 x 28‑foot open‑plan retail building with large windows, French doors, vaulted ceilings, and track lighting; 20 x 48‑foot greenhouse has electric service; plastic covering replaced in 2019; 8 x 28‑foot fenced display or storage area in front of the building
