Restored Octagonal Mixed-Use
For Sale
$665,000
14 Main St, Shelburne, MA 01370
Flexible building with a separate utility-equipped studio and zoning that supports residential and commercial use.
Property Size2,491 SF
Price / SF$266.96
Days on Market52
Property Features for 14 Main St
General Information
Standard status
Active
Size
2,491 SF
Property subtype
Commercial
Amenities
radiant heated tile floors
handcrafted built-ins
custom lighting
dramatic spiral staircase
rooftop cupola
mahogany deck
gardens
fruit trees
stone walls
Building Details
Year Built
1850
Buildings
2
Listing Agency:
REMAX Connections - Greenfield
(413) 828-9797
Listed By:
Jocelyn O'Shea · License #452517836
(413) 923-1120
Source:
Lockandkeyre
Added: Sep 8
Changed: Oct 29
Last Checked: Oct 28 at 8:15AM
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 REMAX Connections - Greenfield
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restored octagonal mixed-use property combines a primary building with a detached studio, creating a flexible arrangement for residential and commercial occupancy. The studio has its own utilities and bathroom, while the main structure includes radiant heated tile floors, handcrafted built-ins, custom lighting, a spiral staircase, rooftop cupola, and mahogany deck. Originally constructed in 1850, the property contains 2,491 square feet and retains distinctive architectural character alongside detailed interior craftsmanship.
Outdoor features include gardens, fruit trees, and stone walls. The property is situated near village shops, restaurants, the Bridge of Flowers, library, and farmers market. Zoning is R1, with the source information identifying both residential and commercial use potential; intended use should be verified by the buyer or buyer’s agent.
Outdoor features include gardens, fruit trees, and stone walls. The property is situated near village shops, restaurants, the Bridge of Flowers, library, and farmers market. Zoning is R1, with the source information identifying both residential and commercial use potential; intended use should be verified by the buyer or buyer’s agent.
Key Highlights
- 2,491‑square‑foot mixed‑use property constructed in 1850
- Octagonal main building with a detached studio
- Detached studio includes its own utilities and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,749
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,980
$695.0K
Cap Rate 7%
$496,414
$496.4K
Cap Rate 9%
$386,100
$386.1K
Market Conditions
NOI Build-Up for 2,491 SF
Gross rent
$59.8K $24.00/SF
− Vacancy
−$13.5K −$5.40/SF
EGI
$46.3K $18.60/SF
− OpEx
−$11.6K −$4.65/SF
NOI
$34.7K $13.95/SF
Area
Franklin County, MA
Vacancy
22.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,980
Cap Rate 7%
$496,414
Cap Rate 9%
$386,100
Alternative Uses
Best Use
Office B
$496.4K
$434.4K – $579.2K
NOI $34,749 @ 7.0% cap · market cap 5.23%
Second Best
Mixed Use
$368.3K
$322.3K – $429.7K
NOI $25,782 @ 7.0% cap · market cap 3.88%
Theoretical Best
Healthcare Medical
$1.03M
$903.8K – $1.21M
NOI $72,306 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 01370, MA
3,932
Population
1,945
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
95%
High-School Grad
48.2 sq mi
ZIP Area
82
Density / Sq Mi
$76,715
Median Household Income
$39,367
Median Earnings
$1,057
Median Rent
$334,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible building with a separate utility-equipped studio and zoning that supports residential and commercial use.
Where is this mixed-use property located?
The property is located at 14 Main St Shelburne, MA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 2,491‑square‑foot mixed‑use property constructed in 1850; Octagonal main building with a detached studio; Detached studio includes its own utilities and bathroom
