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
    Back to Search

    1576 Main St Leicester, MA 01524

    Sponsored
    For Sale
    $4,000,000

    24.9-acre commercial/industrial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 24.9-acre parcel boasts a highly desirable location on Route 9 in Leicester, Massachusetts, offering significant development potential. Zoned HB-I, the property allows for a wide range of commercial and industrial uses, including office space, retail establishments, lumber yards, greenhouses, restaurants, auto sales, brew pubs, and hotels. Its strategic placement near a busy intersection with a gas station, restaurant, coffee shop, and a Walmart Supercenter ensures high visibility and accessibility. The property's size and zoning flexibility present a unique opportunity for savvy investors to create a profitable venture. Potential uses extend beyond the permitted options to include ground-mounted solar and wind energy installations, radio/TV/wireless communication towers, medical facilities, research labs, hospitals, retail and wholesale sales, vehicle and watercraft sales and storage, motels, movie theaters, amusement parks, car washes, limo services, farms, and marijuana-related activities (subject to applicable regulations). This large parcel presents a rare chance to establish a thriving hub in a growing area just west of Worcester. The property is privately owned and listed at $4,000,000. The address is 1576 Main St, Leicester, MA 01524.

    Property Features for 1576 Main St

    General Information

    Property type
    Land
    Lot Size
    1,084,644 SF

    HighLights

    • 24.9‑acre parcel in Leicester, MA, on Route 9.
    • HB‑I zoning allows diverse commercial and industrial uses.
    • High visibility location near a busy intersection with major retailers.
    • $4,000,000 asking price.
    • Address: 1576 Main St, Leicester, MA 01524.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.936470217328
    Latitude
    42.246915659381

    Nearby Comparable

    • Contact for pricing

      Main Street Development Opportunity

      Land with development potential in Leicester, Massachusetts.
      1675 Main St, Leicester, MA 01524
      View Details
    • Contact for pricing

      Leicester Mill Conversion Opportunity

      Spacious Mill Building - Ideal Redevelopment
      9 Water St, Leicester, MA 01524
      View Details
    • $750,000

      Leicester Land Parcel For Sale

      Land parcel suitable for industrial, storage, or marijuana-related businesses.
      Clark St, Leicester, MA
      View Details
    • $1,000,000
      13.47 Acres

      Leicester Commercial Land - $1M

      13.47 acres, prime development opportunity
      0 Clark St, Leicester, MA 01524
      View Details
    • $2,890,000
      24.90 Acres

      Land on Route 9 Westbound

      Large 24.9-acre parcel with frontage on Route 9.
      Main St, Leicester, MA 01524
      View Details
    • $375,000
      8.28 Acres

      Route 56 Leicester Commercial Land

      8.28 Acres, Mixed-Use Development Potential
      515 Pleasant St, Leicester, MA 01524
      View Details
    • $500,000

      Spacious Leicester Property with Redevelopment Potential

      Large property near Worcester, ideal for multifamily or single-family use.
      997 Main St, Leicester, MA 01524
      View Details
    • $1,500,000

      Multifamily Redevelopment Opportunity

      Three buildings totaling 13,000 SF, 25 bedrooms, redevelopment potential.
      993-1003 Main St, Leicester, MA 01524
      View Details
    • $600,000
      2,441 SF

      Leicester Ranch Home with Solar

      Well-maintained Leicester ranch with accessory apartment and solar panels.
      2 Crestwood Rd, Leicester, MA 01524
      View Details
    • $4,100,000

      Townhouse Court Multifamily Investment

      Value-add multifamily opportunity in Spencer, Massachusetts with upside potential.
      Town House Ct, Spencer, MA 01562
      View Details
    • $395,000
      1.13 Acres

      Leicester Main Street Commercial Land

      1.13 Acres, Prime Commercial Location
      0 Main St, Leicester, MA 01524
      View Details

    Nearby Similar for Sale

    • $600,000
      2,441 SF

      Leicester Ranch Home with Solar

      Well-maintained Leicester ranch with accessory apartment and solar panels.
      2 Crestwood Rd, Leicester, MA 01524
      View Details
    • $299,000

      Established Diner with Dual Income

      Leicester property with diner, salon, and income potential.
      1080 Stafford St, Rochdale, MA 01542
      View Details
    • $499,000

      Leicester Duplex: Move-In Ready

      Updated duplex in central Massachusetts, ideal for owner-occupancy or investment.
      747/749 Pleasant St, Leicester, MA 01542
      View Details
    • $1,750,000
      12,000 SF

      Industrial Property on Route 56

      12,000 SF industrial property on 2.83 acres for sale.
      30 Huntoon Memorial Hwy, Leicester, MA 01524
      View Details
    • $1,500,000

      Multifamily Redevelopment Opportunity

      Three buildings totaling 13,000 SF, 25 bedrooms, redevelopment potential.
      993-1003 Main St, Leicester, MA 01524
      View Details
    • $500,000

      Spacious Leicester Property with Redevelopment Potential

      Large property near Worcester, ideal for multifamily or single-family use.
      997 Main St, Leicester, MA 01524
      View Details
    • $399,000

      Three-Unit Building in Business Zone

      Well-maintained three-unit building suitable for owner-occupancy or business.
      500 Main St, Leicester, MA 01611
      View Details
    • $1,750,000
      12,000 SF

      Leicester Industrial Warehouse

      12,000 SF Multi-Tenant Warehouse, MA
      30 Huntoon Memorial Hwy, Leicester, MA 01524
      View Details
    • Contact for pricing

      Leicester Mill Conversion Opportunity

      Spacious Mill Building - Ideal Redevelopment
      9 Water St, Leicester, MA 01524
      View Details
    • $1,650,000
      5,250 SF

      Leicester Flex Space Investment

      Modern Flex Building, Excellent Location
      546 Stafford St, Leicester, MA 01611
      View Details
    • $325,000
      0.17 Acres

      Leicester Diner & Salon Investment

      Dual-income potential, updated systems.
      1080 Stafford St, Leicester, MA 01542
      View Details

    FAQs

    What type of property is this?
    Land - 24.9-acre commercial/industrial land, prime location.
    Where is this land located?
    The property is located at 1576 Main St Leicester, MA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 24.9-acre parcel in Leicester, MA, on Route 9.; HB-I zoning allows diverse commercial and industrial uses.; High visibility location near a busy intersection with major retailers.
    Request Owner's contact information
    1576 Main St Leicester, MA 01524
    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.
    1576 Main St
    Leicester, MA 01524
    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
    1576 Main St Leicester, MA 01524
    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.