Commercial Building in Prime
675 Main St Clinton, MA 01510
675 Main St, Clinton, MA, 01510
Contact for pricing
For Sale
Contact for pricing
Commercial building suitable for various business ventures in bustling Clinton.
Property Size2,178 SF
Price / SF$550.51
Days on Market894
Property Features for 675 Main St
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1987
Listing Agency
RE/MAX JOURNEY
(978) 807-9892
Listed by
John Hogan · License #MA
Source
Crexi
Added: Feb 6, 2024 Checked: Jul 19 at 2:35 am
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 RE/MAX JOURNEY
Investment Insights
Based on property information with market context.
This commercial building, previously occupied by Burger King and D'angelo's Sandwich Shop, is situated in a prime location across from Walgreen's, in the busiest traffic block of Clinton. The property, with a size of 2178 square feet, offers an opportunity for various types of business ventures. The building benefits from two exits, facilitating smooth and efficient traffic flow.
Key Highlights
- Prime location in the heart of Clinton's busiest traffic block.
- High‑visibility location across from Walgreen's.
- Suitable for most types of business ventures.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $21.60 |
| − Vacancy | −$1.0k | −$0.48 |
| EGI | $46.0k | $21.12 |
| − OpEx | −$11.5k | −$5.28 |
| NOI | $34.5k | $15.84 |
2,178 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$493.0K
$431.3K – $575.1K
NOI $34,507 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$743.8K
$650.8K – $867.7K
NOI $52,063 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Commercial building suitable for various business ventures in bustling Clinton.
Where is this conventional restaurant located?
The property is located at 675 Main St Clinton, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location in the heart of Clinton's busiest traffic block.; High‑visibility location across from Walgreen's.; Suitable for most types of business ventures.