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    1230 Main St Leicester, MA 01524

    Sponsored
    For Lease
    Contact for pricing

    Prime 1,300 SF Retail Space, Waterfront Access

    Lot size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,300-square-foot retail space at 1230 Main Street in Leicester, Massachusetts, presents a unique investment opportunity. Located on a 1.62-acre lot, this single-tenant property boasts convenient waterfront access and ample parking with over 65 shared spaces. The building, constructed in 1940 and renovated in 1990, is zoned CB and situated in Worcester County (zip code 01524). The property is currently vacant and ready for immediate occupancy. Existing town permits allow for a coffee shop or ice cream parlor, but the zoning allows for a wider range of retail uses. This prime location offers high visibility and accessibility, making it ideal for a variety of businesses seeking a well-established presence in a desirable community. The property's size and location provide excellent potential for growth and profitability. The ample parking ensures convenient access for customers and employees. Don't miss this chance to secure a thriving retail space in a vibrant location. Inquire today to learn more about this exceptional opportunity.

    Property Features for 1230 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,300 SF

    Building Details

    Year Built/Renovated
    1940/1990

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,300 SF

    HighLights

    • 1,300 SF retail building, permitted for coffee shop or ice cream parlor.
    • Ideal for retail use.
    • Zoned CB for commercial business.
    • High visibility on Route 9.
    • High daily traffic exceeding 15,000 vehicles.
    • Waterfront access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Castle Cantina Spanish Restaurant Castle Cantina Tapas ... Tapas Restaurant Leicester Farmers' Market Farmers' Market

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9164217
    Latitude
    42.2572094

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    Nearby Similar for Lease

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      Retail space for rent, located across from Walmart.
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    FAQs

    What type of property is this?
    Individual retail property - Prime 1,300 SF Retail Space, Waterfront Access
    Where is this individual retail property located?
    The property is located at 1230 Main St Leicester, MA.
    What are key features of this property?
    This property features: 1,300 SF retail building, permitted for coffee shop or ice cream parlor.; Ideal for retail use.; Zoned CB for commercial business.
    Request Owner's contact information
    1230 Main St Leicester, MA 01524
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    Leicester, MA 01524
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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
    1230 Main St Leicester, MA 01524
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