Automotive Repair Shop With Two
49 Spring St, Winchendon, MA 01475
For Sale
$300,000
Reception, office, and storage areas complement the building’s existing automotive repair use.
Property Size1,593 SF
Price / SF$188.32
Days on Market50
Property Features for 49 Spring St
General Information
Standard status
Size
Property subtype
Site & Location
Traffic Count
Road Access
Additional Details
Service Bays
Taxes and HOA fees
Annual Taxes
Amenities
reception/waiting area
office
storage
Building Details
Building Size
Year Built
Listing Agency:
LAER Realty Partners
Listed By:
Michele Mathieu · License MA #9036915
(617) 304-2770
Source:
Kevinfruh
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 8 at 2:44PM
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 LAER Realty Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property contains 1,593 square feet and is configured for repair operations. The building has two garage bays measuring 10' x 10', with ceiling height of approximately 12 feet, plus reception and waiting space, an office, and storage. Constructed in 1900, it is zoned C3. The property is currently used as an automotive repair shop.
The site fronts Route 12, where traffic is reported at approximately 14,000 vehicles per day. Central Street provides access to the surrounding business area, and the New Hampshire border is approximately six minutes away. The lot accommodates parking for vehicles and equipment. Other commercial uses would be subject to zoning and required approvals.
The site fronts Route 12, where traffic is reported at approximately 14,000 vehicles per day. Central Street provides access to the surrounding business area, and the New Hampshire border is approximately six minutes away. The lot accommodates parking for vehicles and equipment. Other commercial uses would be subject to zoning and required approvals.
Key Highlights
- 1,593‑square‑foot automotive property
- Two garage bays, each measuring 10' x 10', with approximately 12' ceiling height
- Reception/waiting area, office space, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,556
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,120
$471.1K
Cap Rate 7%
$336,514
$336.5K
Cap Rate 9%
$261,733
$261.7K
Market Conditions
NOI Build-Up for 1,593 SF
Gross rent
$34.4K $21.60/SF
− Vacancy
−$757 −$0.48/SF
EGI
$33.7K $21.12/SF
− OpEx
−$10.1K −$6.34/SF
NOI
$23.6K $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%
$471,120
Cap Rate 7%
$336,514
Cap Rate 9%
$261,733
Alternative Uses
Best Use
Retail
$336.5K
$294.5K – $392.6K
NOI $23,556 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$207.7K
$181.8K – $242.4K
NOI $14,542 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$544.0K
$476.0K – $634.7K
NOI $38,079 @ 7.0% cap · market cap 12.69%
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
Lease Details
2
Service bays
14,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Cumberland Farms
Shops & Services
18,468 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,689 visits/mo
0.1 miles
Gourmet Donuts
Dining
6,988 visits/mo
0.2 miles
Dollar Tree
Shops & Services
6,030 visits/mo
0.1 miles
GFA Federal Credit Union
Shops & Services
1,160 visits/mo
0.3 miles
Demographics for 01475, MA
10,304
Population
4,095
Households
2.5
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
42.8 sq mi
ZIP Area
241
Density / Sq Mi
$85,638
Median Household Income
$50,352
Median Earnings
$1,245
Median Rent
$294,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Auto shops in Worcester County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Citgo Lube & Repair Center — 47 Water St, Winchendon, MA 01475
- FMJ Auto Services — 131 Spring St, Winchendon, MA 01475
- Mark's auto repair — 49 Spring St, Winchendon, MA 01475
- Scooter's GT Auto — 49 Spring St, Winchendon, MA 01475
- Betourney's Auto Repair — 21 Spruce St, Winchendon, MA 01475
Frequently Asked Questions
What type of property is this?
Auto shop - Reception, office, and storage areas complement the building’s existing automotive repair use.
Where is this auto shop located?
The property is located at 49 Spring St Winchendon, MA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,593‑square‑foot automotive property; Two garage bays, each measuring 10' x 10', with approximately 12' ceiling height; Reception/waiting area, office space, and storage
