17 East Main St, West Brookfield, MA 01585

Building Details

Year Built 1870 More

Listing Agency: Byrnes Real Estate Group LLC Show Phone

Listed By: Sabrina Secola Show Phone

Source: Lockandkeyre

Added: Jul 30 Changed: Nov 8 Last Checked: Nov 8 at 5:54AM

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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 Byrnes Real Estate Group LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This storefront property at 17 East Main St in West Brookfield offers 1,500 square feet arranged with an open floor plan, natural lighting, a back storage room, and one bathroom. The building dates to 1870, while heat and hot water are provided by oil systems.

Customer parking is available off street behind the neighboring store. All utilities are the tenant’s responsibility, providing a straightforward operating arrangement for an occupant seeking a compact retail setting with functional support space.

Key Highlights

• 1,500 SF storefront at 17 East Main St, West Brookfield, MA 01585
• Open floor plan with natural lighting
• Back room storage and one bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,181

Suggested Prices Based on Cap Rates

Cap Rate 5%

$443,620 $443.6K

Cap Rate 7%

$316,871 $316.9K

Cap Rate 9%

$246,456 $246.5K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,500 SF

Gross rent

$32.4K $21.60/SF

− Vacancy

−$713 −$0.48/SF

EGI

$31.7K $21.12/SF

− OpEx

−$9.5K −$6.34/SF

NOI

$22.2K $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%

$443,620

Cap Rate 7%

$316,871

Cap Rate 9%

$246,456

Alternative Uses

Best Use

Retail

$316.9K

$277.3K – $369.7K (±1% cap)

NOI $22,181 @ 7.0% cap

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$512.2K

$448.2K – $597.6K (±1% cap)

NOI $35,856 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Sweet Annie's Creations ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

E Z True Value Home Improvements & Furnishings

1,558 visits/mo 0.2 miles

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

Market

Average Price Trend$/SF for Storefront properties in Worcester County, MA

$140 Jul

$99.37 Aug

$106 Sep

$109 Oct

Properties on Market for Storefront properties in Worcester County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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7-Unit Multifamily Condominium Package

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Frequently Asked Questions

What type of property is this?

Storefront property - Open layout with natural light, rear storage, and a dedicated restroom.

Where is this storefront property located?

The property is located at 17 East Main St West Brookfield, MA.

What are key features of this property?

This property features: 1,500 SF storefront at 17 East Main St, West Brookfield, MA 01585; Open floor plan with natural lighting; Back room storage and one bathroom