Storefront with Exposed
73 N Main St, Randolph, MA 02368
For Sale
Contact for pricing
A flexible interior combines an open retail area, two private rooms, two restrooms, and a full lower level.
Property Size3,250 SF
Price / SF$1.38
Days on Market16
Property Features for 73 N Main St
General Information
Standard status
Size
Additional Details
Floor
Building Details
Year Built
Buildings
Listing Agency:
CRK Group, LLC
Listed By:
Duong Nguyen · License #9501722
(617) 331-2755
Source:
Lockandkeyre
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 2:25PM
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 CRK Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1930, this 3,250-square-foot storefront has a broad glazed facade, an exterior sign band, and a central double-door entrance. The main level pairs an open sales or work area with exposed brick, visible ductwork, track lights, and recessed fixtures. Two enclosed rooms, a rear passage, and two restrooms complete the floor; one restroom has grab bars. A full basement with concrete flooring adds storage or work space.
The property is on North Main Street in Randolph’s Central Business District, with curbside parking. Turner Free Library, Crawford Square, banks, and restaurants are nearby. The property information also identifies a Triple Net (NNN) lease.
The property is on North Main Street in Randolph’s Central Business District, with curbside parking. Turner Free Library, Crawford Square, banks, and restaurants are nearby. The property information also identifies a Triple Net (NNN) lease.
Key Highlights
- 3,250 square feet; built in 1930
- Full‑facade storefront glazing and exterior sign band
- Open main floor with exposed brick, visible ductwork, and track lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,308
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,106,160
$1.1M
Cap Rate 7%
$790,114
$790.1K
Cap Rate 9%
$614,533
$614.5K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$81.1K $24.96/SF
− Vacancy
−$2.1K −$0.65/SF
EGI
$79.0K $24.31/SF
− OpEx
−$23.7K −$7.29/SF
NOI
$55.3K $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%
$1,106,160
Cap Rate 7%
$790,114
Cap Rate 9%
$614,533
Alternative Uses
Best Use
Retail
$790.1K
$691.4K – $921.8K
NOI $55,308 @ 7.0% cap · market cap 1,229.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,679 @ 7.0% cap · market cap 2,992.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
236k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 33%
Groceries 26%
Home Improvements & Furnishings 1%
Shaw's Supermarket
Groceries
40,223 visits/mo
0.2 miles
McDonald's
Dining
33,012 visits/mo
0.3 miles
America's Food Basket
Groceries
20,991 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,052 visits/mo
0.4 miles
Wendy's
Dining
18,099 visits/mo
0.4 miles
Demographics for 02368, MA
35,025
Population
13,091
Households
2.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
9.3 sq mi
ZIP Area
3,766
Density / Sq Mi
$103,321
Median Household Income
$52,614
Median Earnings
$2,049
Median Rent
$464,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Norfolk County, MA
Properties on Market for Storefront properties in Norfolk County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Randolph Florist — 47 Belcher St, Randolph, MA 02368
Frequently Asked Questions
What type of property is this?
Storefront property - A flexible interior combines an open retail area, two private rooms, two restrooms, and a full lower level.
Where is this storefront property located?
The property is located at 73 N Main St Randolph, MA.
What are key features of this property?
This property features: 3,250 square feet; built in 1930; Full‑facade storefront glazing and exterior sign band; Open main floor with exposed brick, visible ductwork, and track lighting
