Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Ayer Level Lot Title is generated by Realmo AI

    63 Main St, Ayer, MA 01432

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $290,000

    Level lot in downtown Ayer with high traffic and accessibility.

    Type:Commercial/Industrial
    Lot size:
    0.10 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 6 at 2:51 am

    Property Features for 63 Main St

    General Information

    Standard status
    Active
    Lot size
    0.10 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Pat Bagni Latimer

    Listing agent Pat Bagni Latimer License #456001566

    Listing office MA Real Estate Center

    Listing date Mar 12, 2026

    Source Exitrealty

    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 MA Real Estate Center

    HighLights

    • High‑traffic location with 17,000 cars daily on Main Street (2A) in Downtown Ayer.
    • Directly across from the Ayer Commuter Rail station offering frequent service to Boston and Fitchburg.
    • Utilities available at the street: sewer, water, and gas.
    • Located in a downtown area with restaurants, gas station, convenience store, pharmacy and other amenities.
    • Previously the site of a commercial building with apartments, indicating potential for similar development.
    • Nearby 172‑car parking garage.

    Overview

    This level lot is situated in downtown Ayer on the heavily trafficked 2A (Main Street). The site benefits from the availability of sewer, water, and gas connections at the street. Previously, the location housed a Subway Sandwich Shop with apartments on the upper floors; however, the former building was removed due to a fire. The property is located across from the Ayer Commuter station, which provides regular daily train service to Boston and Fitchburg. The area experiences significant pedestrian and vehicular traffic, with a daily traffic count of 17,000 vehicles and a projected annual increase of 1%. The surrounding downtown area features a variety of amenities, including restaurants, a gas station, a convenience store, a pharmacy, a fitness shop, a bookstore, a gaming shop, and a liquor store. A nearby parking garage offers 172 parking spaces. The commuter train service includes 17 daily weekday trains and 8 Saturday/Sunday trains to Boston, with the first train departing at 4:53 am (Mon-Fri) and 5:28 am (Sat-Sun). The weekday passenger count is 425 riders.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ayer
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5801
    Latitude
    42.556

    Nearby Similar for Sale

    • $5,000,000

      Ayer Mixed-Use Development Opportunity

      4.67-acre mixed-use development site in Ayer, Massachusetts.
      201 West Main Street, Ayer, MA 01432
      View Details
    • Contact for pricing
      124,058 SF

      Former Hospital Campus in Ayer

      Former acute care hospital campus in suburban Boston for sale.
      200 Groton Road, Ayer, MA 01432
      View Details
    • $3,200,000
      27,626 SF

      Fully Leased Flex Building

      27,626 SF building, fully leased with owner occupancy potential.
      11 Willow Rd, Ayer, MA 01432
      View Details

    FAQs

    What type of property is this?
    Commercial land - Level lot in downtown Ayer with high traffic and accessibility.
    Where is this commercial land located?
    The property is located at 63 Main St Ayer, MA.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: High‑traffic location with 17,000 cars daily on Main Street (2A) in Downtown Ayer.; Directly across from the Ayer Commuter Rail station offering frequent service to Boston and Fitchburg.; Utilities available at the street: sewer, water, and gas.
    (978) 772-4101
    We can help!
    Listing Contact
    Pat Bagni Latimer
    Real Estate License ID: 456001566
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    63 Main St, Ayer, MA 01432
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!