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    Leased Mixed-Use Investment Opportunity Title is generated by Realmo AI

    990 S Main St, Athol, MA 01331

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    Mixed-use property featuring residential, auto dealer, and auto repair tenants.

    Type:Mixed Use, Multifamily
    Property size:
    6,800 SF
    Price / SF:
    $198/SF
    Added:
    Mar 7, 2026
    Days on Market:
    112
    Last Refresh:
    Mar 16 at 1:44 pm

    Property Features for 990 S Main St

    General Information

    Standard status
    Active
    Size
    6,800 SF
    Property subtype
    Mixed Use, Multifamily

    Building Details

    Year Built
    1930

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    Frank Bertolino
    Frank Bertolino

    Listing office The North Shore Realty Group

    Listing date Mar 7, 2026

    Source Crexi

    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 The North Shore Realty Group

    HighLights

    • Prime investment opportunity with multiple leased units
    • Auto dealer permitted for 80 cars
    • Two leased residential units (deleaded)
    • Leased auto dealer/detail business
    • Leased auto repair garage
    • Four total parking spaces (two per residential unit)

    Overview

    This mixed-use property presents an investment opportunity, featuring two leased, deleaded residential units, each with two parking spaces, totaling four parking spaces. The property also includes a leased auto dealer/detail shop and a leased auto repair garage. The auto dealer is permitted for 80 cars. The property size is 6800 square feet.

    Local Financial Insights For 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 $146.9k $21.60
    − Vacancy −$3.2k −$0.48
    EGI $143.6k $21.12
    − OpEx −$43.1k −$6.34
    NOI $100.6k $14.79
    6,800 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,554 @ 7.0% cap · market cap 7.45%
    Second Best
    Apartment 5plus
    $1.14M
    $999.9K – $1.33M (±1% cap)
    NOI $79,995 @ 7.0% cap · market cap 5.93%
    Theoretical Best
    Office A
    $2.32M
    $2.03M – $2.71M (±1% cap)
    NOI $162,547 @ 7.0% cap · market cap 12.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Athol
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.2500847
    Latitude
    42.5825061

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring residential, auto dealer, and auto repair tenants.
    Where is this mixed-use property located?
    The property is located at 990 S Main St Athol, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prime investment opportunity with multiple leased units; Auto dealer permitted for 80 cars; Two leased residential units (deleaded)
    (978) 255-4735 Call to check price and availability
    More about this property
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