Property profile

0 Main St Charlton, MA 01507

OFF-MARKET
Retail properties & Spaces
24,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 24,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Charlton, MA 01507
Charlton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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