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    9 Depot St Monroe, MA 01350

    For Sale
    $129,000

    Mixed-use building featuring business space and a spacious apartment.

    Property size:
    2,240 SF
    Lot size:
    0.30 Acres

    Property Features for 9 Depot St

    General Information

    Size
    2,240 SF
    Lot size
    0.30 Acres

    Building Details

    Year built
    1890

    Source: Lamacchia Realty Agent We Close Deals Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Expansion Potential

    This mixed-use building offers opportunities for entrepreneurs and investors. The first floor is suited for business use with rental income potential. The second floor features a 3-bedroom apartment, suitable for owner occupancy or investment. The property includes a lot that allows for expansion. Located in a convenient location, this property offers development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Parts Store Cosmetics Store Auto Repair Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.9409691
    Latitude
    42.7213719

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring business space and a spacious apartment.
    Where is this mixed-use property located?
    The property is located at 9 Depot St Monroe, MA.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Mixed-use building offering both business and residential income potential.; - First floor suitable for business with rental income capabilities.; - Second floor features a spacious 3-bedroom apartment.
    Request Owner's contact information
    9 Depot St Monroe, MA 01350
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    Monroe, MA 01350
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    Realmo Value Estimation

    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.

    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.

    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
    9 Depot St Monroe, MA 01350
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