Retail/Showroom Building with
49 Main St North Reading, MA 01864
49 Main St, North Reading, MA, 01864
Contact for pricing
For Sale
Contact for pricing
Retail and showroom building with clear-span space, mezzanine, and about 220 feet of frontage along Route 28.
Property Size4,536 SF
Lot Size0.50 Acres
Price / SF$330.69
Days on Market166
Property Features for 49 Main St
General Information
- Standard status
- Active
- Size
- 4,536 SF
- Lot size
- 0.50 Acres
- Property subtype
- RETAIL
Listing agency
Nordlund Associates
(978) 762-0500
Listed by
Chris Everest
Source
Moodyscre
Added: Feb 5 Updated: Jul 21 at 12:30AM Checked: Jul 21 at 4:42AM
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 Nordlund Associates
Investment Insights
Based on property information with market context.
Nordlund Associates presents 49 Main Street, a compact, highly visible commercial property in North Reading. The building includes 4,536 SF of clear-span space plus a mezzanine, providing flexible interior layout for retail, service, or showroom uses.
The site sits on approximately 0.50 acres and features about 220 feet of frontage along Route 28. The property is positioned for access to neighboring towns and commuter routes, with a stated traffic count of more than 16,000 vehicles daily.
This configuration is suited to businesses that benefit from an open, adaptable sales or display environment, supported by additional mezzanine space.
The site sits on approximately 0.50 acres and features about 220 feet of frontage along Route 28. The property is positioned for access to neighboring towns and commuter routes, with a stated traffic count of more than 16,000 vehicles daily.
This configuration is suited to businesses that benefit from an open, adaptable sales or display environment, supported by additional mezzanine space.
Key Highlights
- Approx. 0.50‑acre commercial site at 49 Main Street in North Reading
- Building offers 4,536 SF of clear span space plus mezzanine
- About 220 ft of frontage along Route 28
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.6k | $21.96 |
| − Vacancy | −$6.5k | −$1.43 |
| EGI | $93.1k | $20.53 |
| − OpEx | −$27.9k | −$6.16 |
| NOI | $65.2k | $14.37 |
4,536 SF · lease $21.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$931.4K
$814.9K – $1.09M
NOI $65,195 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.13M
NOI $187,971 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
North Reading Motorsports
Car Dealership
Honda
Car Dealership
Kawasaki
Motorcycle Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail and showroom building with clear-span space, mezzanine, and about 220 feet of frontage along Route 28.
Where is this retail space located?
The property is located at 49 Main St North Reading, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approx. 0.50‑acre commercial site at 49 Main Street in North Reading; Building offers 4,536 SF of clear span space plus mezzanine; About 220 ft of frontage along Route 28
