Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    20 Main St Sherborn, MA 01770

    Sponsored
    For Sale
    $5,100,000

    14,400 SF Office Complex, $5.1M

    Property size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,400 square foot executive office building, located at 20 N Main St in Sherborn, MA, is offered for sale at $5,100,000. Built in 1984 by Timberpeg, this custom-designed post and beam structure sits on a 2.197-acre lot in the heart of downtown, directly off Route 27. The property features a flexible multi-tenant layout, currently generating $14,292 in monthly income ($171,504 annually) with tenants at will (TAW) leases, allowing for easy conversion to single occupancy or continued multi-tenant use. The building boasts 50 parking spaces and is zoned for business use. Utilities include a private septic system and well. Heating and cooling are provided by wall-mounted PTAC units. Property taxes for FY 2023 were $28,151. This presents a unique opportunity to acquire a well-maintained, versatile office complex in a desirable Massachusetts location. The open layout offers significant adaptability for various business needs, while the existing income stream provides immediate return on investment. The property's prime location and ample parking further enhance its appeal. This is a rare opportunity to own a distinctive and functional commercial property in the thriving Sherborn market.

    Property Features for 20 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    14,400 SF
    Lot Size
    95,701 SF

    Building Details

    Year Built
    1984

    HighLights

    • Wood frame post and beam construction.
    • Private well and septic system.
    • Wall‑mounted PTAC HVAC units.
    • Annual net operating income (NOI) of $171,504, with monthly income of $14,292.
    • Tenants at will (TAW).
    • FY 2023 property taxes: $28,151.
    Property Profile Location Intelligence

    Current Use by Public Records

    R & P Lowell ... Architect Raymond James Financial ... Investment Service Howland Company, Inc. General Contractor Bolt & Lambert Elec ... Electrician Heaven On Earth Antiques ... Antique Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherborn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.366223
    Latitude
    42.226771

    Nearby Comparable

    • $6,000,000

      Dougall Downs: Exceptional Land Tract

      103.9 acres of rolling fields, meadows, and forest.
      00000 South Main St And Bullard St, Sherborn, MA 01770
      View Details
    • Contact for pricing
      5,200 SF

      Sherborn Retail/Office Opportunity

      2,640 SF retail/office space on Route 27/16.
      11 South Main St, Sherborn, MA 01770
      View Details
    • $5,100,000
      14,400 SF

      Sherborn Office Building For Sale

      14,400 SF office complex in downtown Sherborn, Massachusetts.
      20 N Main St, Sherborn, MA 01770
      View Details
    • $84,900

      Medfield Office Condo for Sale

      Own Your Business Space - Low Monthly Costs
      5 Mill St, Medfield, MA 02052
      View Details
    • $2,750,000

      Established Shopping Plaza For Sale

      Shopping plaza with long-term tenants and value-add potential.
      461 Washington St, Holliston, MA 01746
      View Details
    • $475,000

      Holliston Commercial Space Near Rail

      2,954 sq ft building near Holliston Rail Trail.
      15 Winthrop St, Holliston, MA 01746
      View Details
    • $859,900
      0.17 Acres

      Aaron St, Framingham, MA 01702

      Commercial real estate • 0.17 Acres
      Aaron St, Framingham, MA 01702
      View Details
    • $1,250,000
      16,742 SF

      Holliston Industrial/Flex Space Opportunity

      16,700 SF Holliston industrial property for sale.
      75 Exchange St, Holliston, MA 01746
      View Details
    • $875,000

      Holliston Commercial Building with Offices

      Well-maintained commercial building with two separate office spaces in Holliston.
      19 Exchange St, Holliston, MA 01746
      View Details
    • $875,000
      0.19 Acres

      Holliston Commercial Building - Prime Location

      Two Office Spaces, Downtown Holliston
      19 Exchange St, Holliston, MA 01746
      View Details

    Nearby Similar for Sale

    • $5,100,000
      14,400 SF

      Sherborn Office Building For Sale

      14,400 SF office complex in downtown Sherborn, Massachusetts.
      20 N Main St, Sherborn, MA 01770
      View Details
    • Contact for pricing
      5,200 SF

      Sherborn Retail/Office Opportunity

      2,640 SF retail/office space on Route 27/16.
      11 South Main St, Sherborn, MA 01770
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 14,400 SF Office Complex, $5.1M
    Where is this office property / space located?
    The property is located at 20 Main St Sherborn, MA.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: Wood frame post and beam construction.; Private well and septic system.; Wall-mounted PTAC HVAC units.
    (508) 651-9019
    Request Owner's contact information
    20 Main St Sherborn, MA 01770
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20 Main St
    Sherborn, MA 01770
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    20 Main St Sherborn, MA 01770
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.