0 Main St, Charlton, MA 01507
This exceptional commercial property, located at the highly visible intersection of Worcester Road and North Main Street in Charlton, Massachusetts, offers 24,000 square feet of brand-new, divisible medical office space. The property consists of two 12,000 square-foot buildings, each currently available for lease. Situated on a generous 17.06-acre lot, this development benefits from a Commercial/Business zoning designation, allowing for a variety of uses. The location boasts excellent visibility and high traffic volume, with a 2018 traffic count of 23,078 vehicles. This prime location is further enhanced by its proximity to a high-performing CVS, a new bank branch, and a 20,000 square-foot urgent care facility, all situated at the signalized intersection. The property is ideal for medical practices seeking a prominent location in a growing town with a higher-income demographic currently underserved in many retail categories. Drive-through access is permitted, adding to the convenience and appeal of this exceptional opportunity. The minimum leasable space is 12,000 square feet, with a maximum contiguous space also of 12,000 square feet. This presents a unique chance to establish a significant presence in a thriving market. The property is located in Worcester County, MA, zip code 01507.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.