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    73-75 Main St Ware, MA 01082

    Sponsored
    For Sale
    $750,000

    Prime 30,000 SF Mixed-Use Property

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a unique chance to acquire a substantial commercial property located at 73-75 Main Street in Ware, Massachusetts. The property, a former country bank headquarters, boasts a substantial 30,000 square feet of space spread across two stories, situated on a 0.238-acre lot. Currently zoned DTC, it offers significant flexibility for a variety of uses, including medical office, creative office, retail, multifamily, or a mixed-use development. The building was constructed in 1978 and is classified as a Class B property. The asking price is $750,000, translating to a price per square foot of $25. Ample parking is available with 25 spaces located at the rear of the building. The property enjoys a high-visibility location in a central area of the Ware/Warren market, providing excellent access and exposure. This is an opportunistic investment with considerable potential for value creation through adaptive reuse or new construction. The single unit property presents a rare chance to shape the future of this key location in Ware. The property's size and zoning make it an ideal candidate for a variety of development projects, catering to the growing needs of the community. Don't miss this chance to acquire a significant commercial property in a thriving market.

    Property Features for 73-75 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    30,000 SF
    Class
    B
    Lot Size
    10,367 SF

    Building Details

    Year Built
    1978
    Stories
    2
    Units
    1

    HighLights

    • Former Country Bank Headquarters for sale at $750,000.
    • 30,000 SF of office space in a two‑story building.
    • 0.238‑acre lot.
    • Ideal redevelopment opportunity for medical, retail, multifamily, or mixed‑use development; DTC zoning.
    • 25+ parking spaces.
    • High‑visibility location in central Ware/Warren.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ware
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.2477521
    Latitude
    42.2601286

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    FAQs

    What type of property is this?
    Multifamily property - Prime 30,000 SF Mixed-Use Property
    Where is this multifamily property located?
    The property is located at 73-75 Main St Ware, MA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Former Country Bank Headquarters for sale at $750,000.; 30,000 SF of office space in a two-story building.; 0.238-acre lot.
    Request Owner's contact information
    73-75 Main St Ware, MA 01082
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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
    73-75 Main St Ware, MA 01082
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