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Holden Redevelopment Opportunity

945 Main St, Holden, MA

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For Sale

Contact for pricing

Versatile property with redevelopment potential in a high-income area.

Type:RETAIL

Property size:

5,700 SF

Lot size:

0.81 Acres

Price / SF:

$175/SF

HighLights

Prime location at a signalized intersection with high visibility and traffic (over 20,000 daily traffic count) and excellent highway access (I‑190 and I‑290).
Significant redevelopment potential on 8.42 acres with 44,834 SF of commercial space across multiple parcels.
Flexible zoning allows for retail, office, mixed‑use, and residential (R10) developments, with potential for special permits.
Located in an affluent market with a high median household income ($129,201) and high homeownership rates (85.6%).
Rare opportunity in a desirable suburban market with limited commercial inventory and strong demand.
Historically significant property, home to Sunnyside Ford for 102 years, adding to its appeal and community recognition.

We can help!

Listing Contact

Michael C. Jacobs

For Sale

Contact for pricing

Versatile property with redevelopment potential in a high-income area.

Type:RETAIL

Property size:

5,700 SF

Lot size:

0.81 Acres

Price / SF:

$175/SF

Added:: Feb 6, 2025
Days on Market:: 493
Last Refresh:: May 20 at 8:25 pm

Property Features for 945 Main St

General Information

Standard status: Active
Size: 5,700 SF
Lot size: 0.81 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Michael C. Jacobs

Listing agent Michael C. Jacobs License #9058150

Listing office NAI Glickman Kovago & Jacobs

Listing date Feb 6, 2025

Source Moodyscre

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 NAI Glickman Kovago & Jacobs

HighLights

Prime location at a signalized intersection with high visibility and traffic (over 20,000 daily traffic count) and excellent highway access (I‑190 and I‑290).
Significant redevelopment potential on 8.42 acres with 44,834 SF of commercial space across multiple parcels.
Flexible zoning allows for retail, office, mixed‑use, and residential (R10) developments, with potential for special permits.
Located in an affluent market with a high median household income ($129,201) and high homeownership rates (85.6%).
Rare opportunity in a desirable suburban market with limited commercial inventory and strong demand.
Historically significant property, home to Sunnyside Ford for 102 years, adding to its appeal and community recognition.

Overview

This property is strategically positioned at the signalized intersection of Main Street (Route 122A) and Salisbury Street in Holden, MA, offering accessibility to I-190 and I-290. The site spans 8.42 acres and includes 44,834 square feet of commercial space across multiple parcels, accommodating diverse redevelopment possibilities. Zoned for a variety of uses, including retail, office, mixed-use developments, and residential (R10), the property also allows for special permits for gas stations, light industrial, and cluster housing. With over 20,000 daily traffic counts, the location provides exposure for businesses. Situated in a high-income community with a median household income of $129,201 and high homeownership rates (85.6%), the area presents strong demand for redevelopment. The property, home to Sunnyside Ford for 102 years, is a staple of the Holden community. The site allows for expansion, reconfiguration, or entirely new concepts. Located in one of Central Massachusetts' suburban markets, the property is surrounded by a growing retail, dining, and business presence, driving long-term investment value. The property is suitable for developers, investors, and owner-users seeking income-generating opportunities or transformative projects.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$123.1k	$21.60
− Vacancy	−$2.7k	−$0.48
EGI	$120.4k	$21.12
− OpEx	−$36.1k	−$6.34
NOI	$84.3k	$14.79

5,700 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,288 @ 7.0% cap · market cap 8.43%

Second Best

Industrial

$743.3K

$650.4K – $867.2K (±1% cap)

NOI $52,034 @ 7.0% cap · market cap 5.20%

Theoretical Best

Office A

$1.95M

$1.70M – $2.27M (±1% cap)

NOI $136,253 @ 7.0% cap · market cap 13.63%

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

Property Profile Location Intelligence

Current Use by Public Records

Automotive properties

Suggested Use

Location Insight

Map
Local Demand

City: Holden
County: Worcester
State: Massachusetts
Longitude: -71.8528
Latitude: 42.3442

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What type of property is this?

Automotive property - Versatile property with redevelopment potential in a high-income area.

Where is this automotive property located?

The property is located at 945 Main St Holden, MA.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Prime location at a signalized intersection with **high visibility and traffic (over 20,000 daily traffic count)** and excellent highway access (I‑190 and I‑290).; **Significant redevelopment potential on 8.42 acres** with 44,834 SF of commercial space across multiple parcels.; Flexible zoning allows for retail, office, mixed‑use, and residential (R10) developments, with potential for special permits.

945 Main St, Holden, MA

Versatile property with redevelopment potential in a high-income area.

Property Features for 945 Main St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant Property on Main Street

Restaurant Property with Full Bar

Established Auto Shop on Main

Renovated Office Building For Sale

Holden Commercial Redevelopment Opportunity

Restaurant Property on Main Street

Restaurant and Retail Opportunity

Sunnyside Motors Portfolio in Holden

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