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    35 Main St Georgetown, MA 01833

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Georgetown location, multiple suites available.

    Lot size:
    1,667 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to lease office or retail space in the heart of downtown Georgetown, Massachusetts. This property, located at 35 W Main St (Route 97), offers multiple suites within a two-story, 1973-built building renovated in 2020. The building features a Class B designation, boasting a total of four suites, ample parking (30 spaces), and high visibility on a major thoroughfare with over 15,000 vehicles passing daily (MA DOT data). Suite sizes range from approximately 625 to 839 square feet, with options for ground-floor retail and second-floor office spaces. The building features a 9-foot ceiling height and a wide-open floor plan. The property sits on a 0.54-acre lot and is zoned CA. Its convenient location places it near the primary intersection in town, offering excellent exposure to high traffic volume. Nearby businesses include Dunkin' Donuts, Salem Five, Napa Auto Parts, Crosby Market, Mobil, CVS, and The Spot restaurant. The lease is a modified gross lease

    Property Features for 35 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,667 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1973/2020
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Lower Level - Unit 3
    Size
    839 SF
    Rate per SF
    $24
    Space
    Unit 7&8
    Size
    828 SF
    Rate per SF
    $27

    HighLights

    • Downtown Georgetown location on Route 97.
    • High traffic count exceeding 15,000 vehicles daily.
    • Four suites available, ranging from 625 to 839 square feet.
    • Class B building, renovated in 2020, with 30 parking spaces.
    • Modified gross lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9946864
    Latitude
    42.7272841

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    FAQs

    What type of property is this?
    Retail property - Prime Georgetown location, multiple suites available.
    Where is this retail property located?
    The property is located at 35 Main St Georgetown, MA.
    What is the lease rate?
    The lease rate is $24-$27 SF/Yr.
    What are key features of this property?
    This property features: Downtown Georgetown location on Route 97.; High traffic count exceeding 15,000 vehicles daily.; Four suites available, ranging from 625 to 839 square feet.
    Request Owner's contact information
    35 Main St Georgetown, MA 01833
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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
    35 Main St Georgetown, MA 01833
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