Building Details

Year Built 1987

Listing Agency: SR Commercial Realty

Listed By: Jeremy Casey · License #9585695 Show Phone

Source: Elliman

Added: Oct 19 Changed: Oct 20 Last Checked: Oct 20 at 2:17AM

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Investment Insights

Based on property information with market context.

This 2,000-square-foot retail suite in Wales was renovated with updated lighting, fresh paint, and luxury vinyl tile flooring. Its open layout is complemented by a private restroom and storefront windows that bring natural light into the space.

Surface parking is available for the property. The suite is at 2 Main St in Wales, Massachusetts, and was built in 1987.

Key Highlights

• 2,000 SF retail suite
• Open floor plan with luxury vinyl tile flooring
• Updated lighting and fresh paint

Property Analytics

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Open Analytics

Current Use

Lake George Tavern Restaurant Choice Foods Grocery & Convenience Store ATM Machine at CHOICE ... Atm

Suggested Use

Top Pick Big Box & Wholesale Store Plumbing Service Restaurant Grocery & Convenience Store Food Market Auto Repair Shop

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

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Explore this area Business Placement

Demographics for 01081, MA

1,684

Population

831

Households

2

Avg Household Size

45

Median Age

27%

College-Educated

91%

High-School Grad

14.5 sq mi

ZIP Area

116

Density / Sq Mi

$87,337

Median Household Income

$54,637

Median Earnings

$1,263

Median Rent

$275,400

Median Home Value

Market

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

Frequently Asked Questions

What type of property is this?

Retail space - Open-plan interior with storefront windows, surface parking access, and a private restroom.

Where is this retail space located?

The property is located at 2 Main St Wales, MA.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: 2,000 SF retail suite; Open floor plan with luxury vinyl tile flooring; Updated lighting and fresh paint