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    Sherborn, MA Office Spaces for Sale

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    Sherborn Office Building For Sale
    Updated: Dec 5, 2024
    Sherborn Office Building For Sale

    20 N Main St, Sherborn, MA

    $5,100,000
    14,400 sqft 1.13 AC lot
    Prime location in the heart of downtown Sherborn, directly off Route 27.
    14,400 SF office complex with potential for single or multi‑tenant use.
    Unique open layout allows for flexible space utilization and easy conversion.
    Custom‑built in 1984 by renowned Post and Beam craftsman Timberpeg.
    Existing leases are TAW (Tenancy at Will), offering flexibility for new owners.
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    This listing looks promising.

    Here's a quick look at some key insights for

    20 N Main St, Sherborn, MA

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $457K
      Annual

    • Price @ 7% Cap

      $6.53M
      Above asking

    • Property Type

      Medical Building
      Built 1984
    View Property Analytics
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Sherborn, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Retail and Office Building
    Downtown Retail and Office Building

    15 Hollis Street, Framingham, MA 01702

    $2,400,000
    12,572 sqft

    Multi-use building for sale with off-street parking behind the property, located at the intersection of Routes 135 and 126.

    View details
    Historic Downtown Framingham Properties
    Historic Downtown Framingham Properties

    74 Concord St, Framingham, MA 01702

    $2,500,000
    22,000 sqft

    Two historic properties in downtown Framingham, totaling over 22,000 SF.

    View details
    Renovated Stand-Alone Office Property
    Renovated Stand-Alone Office Property

    150 E Central Street, Natick, MA 01760

    Contact for pricing
    2,946 sqft

    Turn-key office includes reception, conference room, private offices, and an open collaborative workspace.

    View details
    Subdividable Office/Flex Suite
    Subdividable Office/Flex Suite

    19 Willow St, Natick, MA 01760

    Contact for pricing

    7,000 SF dojo-style suite with two large rooms, peripheral offices, and restrooms, divisible into 4,900 and 2,300 SF spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Natick Redevelopment Opportunity
    Natick Redevelopment Opportunity

    21 Eliot St, Natick, MA 01760

    $7,200,000
    3.00 AC lot

    3 acres with redevelopment potential in Natick, Massachusetts.

    View details
    Hopkinton Land Site on Route 135
    Hopkinton Land Site on Route 135

    124 E Main St, Hopkinton, MA 01748

    Contact for pricing
    7.29 AC lot

    Prime 7.29 acre land site in affluent Hopkinton, MA.

    View details
    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details
    Versatile Land Parcel in Upton
    Versatile Land Parcel in Upton

    W Main St lot: 108, Upton, MA 01568

    $550,000
    5.45 AC lot

    5.45 acre commercial land parcel with development potential.

    View details

    Off-Market Properties in Sherborn, MA

    Consider similar Off-Market properties in Sherborn, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20 Main St
    MEDICAL BUILDING

    20 Main St, Sherborn, MA 01770-1500

    Value Estimation by Request
    12,694 sqft 3.01 AC lot
    View details
    5 Washington St
    OFFICE BUILDING

    5 Washington St, Sherborn, MA 01770-1058

    $590,000
    Estimated value
    2,642 sqft 0.50 AC lot
    View details
    5 Powderhouse Ln
    OFFICE BUILDING

    5 Powderhouse Ln, Sherborn, MA 01770-1337

    $845,000
    Estimated value
    3,244 sqft 0.58 AC lot
    View details
    18 Main St
    MEDICAL BUILDING

    18 Main St, Sherborn, MA 01770-1066

    Value Estimation by Request
    4,129 sqft 1.45 AC lot
    View details

    Sherborn, MA Office Spaces Market Trends and Statistics

    Explore 5 office spaces for sale in Sherborn, MA on our real estate platform. These investment opportunities span a total of 14,400 square feet of properties for sale, with an estimated market value of $5,100,000.

    Sale prices for office spaces in Sherborn, MA average $5,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 2
    Office Units 2

    Demographics Overview

    Population 4,404
    Population Growth (5Y) +2.4%
    Median Household Income $247,500

    Taxes & Financing

    Tax Rate (average for all types) 2.20%
    Property Tax per SF $62.10 per SF
    Tax Rate vs County Average 0.44 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherborn fall within the 25,000 to 50,000 square foot range.

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