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Property profile & analytics
OFF-MARKET
Commercial real estate

Main St Orange, MA 01364

0.84 ac lot Built 1850
Property ID
Property summary
AI-generated overview

Located in the heart of Orange, MA's downtown, this exceptional redevelopment opportunity encompasses two magnificent three and four-story brick buildings situated on a 0.84-acre lot. These properties, boasting significant square footage and stunning historic architecture, present a unique chance to reshape a key area within an Opportunity Zone. The versatile nature of these buildings lends itself to a multitude of uses, including mixed-use developments incorporating residential and retail spaces, modern office complexes, or even vibrant cultural centers. Their prime location on the Millers River adds to their appeal, further enhanced by proximity to a large parcel currently undergoing environmental cleanup and another significant upcoming downtown project. The potential for substantial cost savings exists through the possibility of utilizing Historic Tax Credits for rehabilitation. Furthermore, the Orange Economic Development & Industrial Corporation (EDIC) is actively involved and committed to streamlining the permitting and approval processes, significantly reducing potential hurdles for developers. This presents a compelling investment opportunity for experienced developers seeking to contribute to the revitalization of Orange's downtown area and capitalize on the significant potential of these iconic structures. The asking price is $165,000.

Property profile
Verified
Property type Commercial real estate
Year built 1850
Lot 0.84 ac (36,590 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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