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Retail/Office Space Adjacent to Stop & Shop
For Lease
$2,616/Mo

247 Main, North Reading, MA 01864

For lease retail and office space on Route 28 in North Reading, adjacent to the Stop & Shop retail center.

Space SizeContact for details
Days on Market223

Property Features for 247 Main

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1960
Listing Agency: Burnham Real Estate
Listed By: David Burnham
Source: Yourhomeforsale
Added: Mar 16 Changed: Oct 23 Last Checked: Oct 23 at 11:11AM

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 Burnham Real Estate

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Investment Insights

Based on property information with market context.

This for-lease retail and office property at 247 Main Street offers a single commercial space totaling approximately 1,570 square feet. The listing is positioned as a strong retail/office location with convenient access to Route 28 (Main St.).

The property is adjacent to the Stop & Shop retail center in North Reading, supporting an established retail setting for prospective tenants evaluating visibility and day-to-day accessibility along a primary corridor.

Key Highlights

  • Retail and office space for lease on Route 28 (Main St.) in North Reading
  • Building was constructed in 1960
  • Located adjacent to the Stop & Shop retail center

Property Analytics

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

Current Use

Deb Forte, Century ... Real Estate Agency Kimberly O'Neil Mara, ... Real Estate Agency Tania Real Estate Agency

Suggested Use

Top Pick Law Firm HVAC Service Big Box & Wholesale Store Restaurant Storage Facility (Bike/Boat/Book/etc) Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 01864, MA

15,554
Population
5,920
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
1,178
Density / Sq Mi
$150,820
Median Household Income
$70,981
Median Earnings
$2,253
Median Rent
$680,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for North Reading, MA

$22.37 /SF/Yr
Avg Asking Price
$12–$34.62 /SF/Yr
Price Range
985 SF
Avg Space Size

This space is priced 11% below the average of $22.37 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - For lease retail and office space on Route 28 in North Reading, adjacent to the Stop & Shop retail center.
Where is this office unit located?
The property is located at 247 Main North Reading, MA.
What is the lease rate?
The lease rate is $2,616/Mo.
What are key features of this property?
This property features: Retail and office space for lease on Route 28 (Main St.) in North Reading; Building was constructed in 1960; Located adjacent to the Stop & Shop retail center
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