557 Main St Reading, MA 01867
- Retail properties
- 5,000 SF
- 3.66 lot acres
Current Use by Public Records
- Reading Community Television (RCTV) / Television Station / Radio Broadcaster
Property Details for 557 Main St
- Year built
- 1930
- Lot size
- 3.66 lot acres
- Property size
- 5,000 SF
- Property type
- Retail properties
Description
This exceptional 5,000 square foot retail property, located at 557 Main Street in Reading, MA, presents a unique investment opportunity. The building, constructed in 1930 and boasting a Class B designation, features a sleek and contemporary storefront, ideal for attracting customers. The property sits on a 3.66-acre lot and offers flexible space options, with suites ranging from 1,700 to 5,000 contiguous square feet. Currently, all 5,000 square feet are vacant, providing a blank canvas for a single tenant or multiple tenants. The two-story building comprises three total suites. The property benefits from high foot traffic, convenient parking, and excellent visibility. Its strategic location provides easy access to major roadways including Routes 128, 93, 129, and 28, as well as the MBTA Commuter Rail Station. The zoning is BUSB, and the property's APN is 017.0-0000-0180.0. Annual property taxes are $2.16 per square foot. This prime location within the Route 128 North submarket (Reading/Wakefield cluster) makes it perfect for medical, professional services, or retail businesses seeking a dynamic and bustling environment. No elevators are present. This is a chance to establish or expand your business in a highly visible and accessible location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1031
- Latitude
- 42.5229
