Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1071 Main St Woburn, MA 01801

    Sponsored
    For Sale
    $975,000

    Prime Woburn location, R-2 zoned, development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Woburn, Massachusetts. Located at 1071 Main Street, this property is zoned R-2, allowing for a variety of development options including single-family homes, assisted living facilities, or apartment complexes, subject to obtaining the necessary permits. The site benefits from its inclusion in the Upper Main Street Overlay District (2010), which permits the construction of up to 57 luxury condominiums. Its strategic location across from Ledges at Woburn, a 168-unit residential development, ensures high visibility and access to a substantial existing residential population. While environmental remediation is required, significant progress has already been made. An estimated $1.2 million has been committed by the Mass DEP and EPA towards the estimated $4.5 to $5.3 million total cleanup cost. Furthermore, the property enjoys convenient access to major transportation routes, situated just 1.5 miles from Route 128 exit 53, providing easy commutes for residents and employees. The area boasts numerous nearby amenities, enhancing the overall appeal and potential for development. This is a rare opportunity to acquire a sizable, well-located parcel with significant development potential in a thriving Massachusetts community. The property is offered at $975,000. The zip code is 01801, and the property is located in Middlesex County.

    Property Features for 1071 Main St

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • 4.5‑acre commercial land parcel in Woburn, MA (01801), Middlesex County, zoned R‑2, allowing for single‑family homes, assisted living, or apartments (with permits).
    • Upper Main Street Overlay District (2010) permits up to 57 luxury condominiums.
    • High visibility location across from a 168‑unit residential development.
    • Environmental remediation underway; $1.2 million of estimated $4.5M-$5.3M cleanup cost already funded by Mass DEP and EPA.
    • 1.5 miles from Route 128 exit 53.
    • Numerous nearby amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roketenetz Stanley Garbage Collection Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Woburn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1588317
    Latitude
    42.5182314

    Nearby Similar for Sale

    • Contact for pricing
      55,000 SF

      Woburn Industrial/Warehouse Space Available

      12,500 SF industrial/warehouse space with convenient highway access.
      55 6Th Rd, Woburn, MA 01801
      View Details
    • $1,199,900

      Triple Decker in Horn Pond

      Triple decker in desirable Horn Pond neighborhood with investment appeal.
      15 Sturgis St, Woburn, MA 01801
      View Details
    • $785,000

      Updated Two-Family Home

      Well-maintained two-family home with updated features and investment potential.
      1-3 Boline Pl, Woburn, MA 01801
      View Details
    • $779,900

      Mansard Colonial Home with Income

      Colonial home with income potential from a renovated apartment.
      18 Central St, Woburn, MA 01801
      View Details
    • $625,000

      Woburn Commercial Property For Sale

      Cape-style house with parking lot in convenient Woburn location.
      192 Lexington St, Woburn, MA 01801
      View Details
    • $475,000

      Woburn Office Space For Sale

      Professional office space near highways, transportation, retail, and restaurants.
      10 Cedar St, Woburn, MA 01801
      View Details
    • $729,000

      Multifamily Home Near Downtown

      Legal 2-family with four units, excellent rental income.
      9-11 Wade Ave, Woburn, MA 01801
      View Details
    • $949,000

      Unique Three-Family Home

      Three-unit property with strong rental potential and convenient location.
      21 Franklin St, Woburn, MA 01801
      View Details
    • $1,498,000

      Woburn Town Center Condo Building

      Four-unit condo building in Woburn's thriving town center.
      14 Church Ave, Woburn, MA 01801
      View Details
    • $1,549,000
      3,782 SF

      Former Bank Branch Office Building

      Two-story commercial building suitable for owner-user or investment.
      573 Main St, Woburn, MA 01801
      View Details
    • $175,000

      Turnkey Restaurant in Central Square

      Established restaurant for sale in Woburn's Central Square.
      442 Main St, Woburn, MA 01801
      View Details
    • Contact for pricing
      20,130 SF

      Woburn Warehouse Space Available

      20,130 square foot warehouse in Woburn, Massachusetts.
      240 Salem St, Woburn, MA 01801
      View Details

    FAQs

    What type of property is this?
    Land - Prime Woburn location, R-2 zoned, development opportunity.
    Where is this land located?
    The property is located at 1071 Main St Woburn, MA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 4.5-acre commercial land parcel in Woburn, MA (01801), Middlesex County, zoned R-2, allowing for single-family homes, assisted living, or apartments (with permits).; Upper Main Street Overlay District (2010) permits up to 57 luxury condominiums.; High visibility location across from a 168-unit residential development.
    (857) 362-0108
    Request Owner's contact information
    1071 Main St Woburn, MA 01801
    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.
    1071 Main St
    Woburn, MA 01801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1071 Main St Woburn, MA 01801
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.