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Grocery-Converted Retail Office Building
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114 S Main Street, Lancaster, MA 01523

Single-tenant retail building on neighborhood business-zoned land, with plans for small retail or commercial/professional office conversion.

Property Size2,044 SF
Lot Size0.41 Acres
Days on Market122

Property Features for 114 S Main Street

General Information

Standard status Active
Size 2,044 SF
Lot size 0.41 Acres
Property subtype Retail, Office
Zoning Neighborhood Business

Additional Details

Traffic Count 9,500 vehicles/day
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Jeff Borus · License #MA 9038334
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 1:48PM

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 NAI Glickman Kovago & Jacobs

Investment Insights

Based on property information with market context.

The property consists of a 2,044 +/- SF building on 17,860 SF of land. It is currently used as a Cumberland Farms location, with the business set to move to a larger site near this location. The property includes a deed restriction intended to prohibit the sale of food or gas at this site.

Zoned for neighborhood business, the site is positioned on S. Main Street and is reported with a traffic count of 9,500 ADT. It is located close to the towns of Clinton and Bolton.

Following the Cumberland Farms move, the asset is described as suited for small retail, commercial, or professional office conversion, supported by the building size and the stated deed restriction.

Key Highlights

  • 2,044 +/- SF single‑tenant retail building on 17,860 SF of land
  • Currently used as a Cumberland Farms that is moving to a larger location near this site
  • Neighborhood business zoning

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01523, MA

8,377
Population
2,970
Households
2.8
Avg Household Size
42
Median Age
51%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
306
Density / Sq Mi
$130,444
Median Household Income
$66,114
Median Earnings
$1,985
Median Rent
$467,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Shaw's 1175 Main St, Clinton, MA 01510

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single-tenant retail building on neighborhood business-zoned land, with plans for small retail or commercial/professional office conversion.
Where is this grocery and convenience store located?
The property is located at 114 S Main Street Lancaster, MA.
What are key features of this property?
This property features: 2,044 +/- SF single‑tenant retail building on 17,860 SF of land; Currently used as a Cumberland Farms that is moving to a larger location near this site; Neighborhood business zoning
More about this property
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