Retail
490 W Main St #2, Avon, MA 02322
For Sale
New
Contact for pricing
The space offers convenient access to Route 24 and on-site parking.
Property Size1,200 SF
Price / SF$1.75
Days on Market7
Property Features for 490 W Main St #2
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Central Real Estate
(617) 479-0123
Listed By:
John Boey · License #455501268
(617) 828-3268
Source:
Lockandkeyre
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 9:56AM
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 Central Real Estate
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Investment Insights
Based on property information with market context.
This retail space comprises 1,200 square feet in a building constructed in 1967. The storefront is presented for sale, with a triple-net lease structure noted in the property information.
Located at 490 W Main St in Avon, the property provides access to Route 24 and has parking available on site.
Located at 490 W Main St in Avon, the property provides access to Route 24 and has parking available on site.
Key Highlights
- 1,200‑square‑foot retail space
- Built in 1967
- Triple‑net lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,420
$408.4K
Cap Rate 7%
$291,729
$291.7K
Cap Rate 9%
$226,900
$226.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$30.0K $24.96/SF
− Vacancy
−$779 −$0.65/SF
EGI
$29.2K $24.31/SF
− OpEx
−$8.8K −$7.29/SF
NOI
$20.4K $17.02/SF
Area
Norfolk County, MA
Vacancy
2.60%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,420
Cap Rate 7%
$291,729
Cap Rate 9%
$226,900
Alternative Uses
Best Use
Retail
$291.7K
$255.3K – $340.4K
NOI $20,421 @ 7.0% cap · market cap 972.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$710.4K
$621.6K – $828.8K
NOI $49,728 @ 7.0% cap · market cap 2,368.00%
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
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
9,020 visits/mo
0.5 miles
Demographics for 02322, MA
4,777
Population
1,716
Households
2.8
Avg Household Size
43
Median Age
31%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
1,111
Density / Sq Mi
$129,487
Median Household Income
$51,618
Median Earnings
$1,648
Median Rent
$482,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Norfolk County, MA
Properties on Market for Retail space in Norfolk County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The space offers convenient access to Route 24 and on-site parking.
Where is this retail space located?
The property is located at 490 W Main St #2 Avon, MA.
What are key features of this property?
This property features: 1,200‑square‑foot retail space; Built in 1967; Triple‑net lease structure
