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    OFF-MARKET
    Retail properties & Spaces

    0 Main St, Charlton, MA 01507

    24,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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