0 Main St Leicester, MA 01524
This 1.13-acre commercial land parcel is ideally situated on Main Street in Leicester, Massachusetts, zip code 01524, in Worcester County. Located directly across from the Castle Cantina, this property offers flexible redevelopment potential. Permitted zoning is CB - Central Business District, allowing for a variety of uses including retail, office, and multifamily developments. The property's prime location within a thriving commercial hub provides excellent visibility and access to a diverse customer base. Leicester boasts a strong sense of community and close-knit neighborhoods, creating a supportive environment for new businesses. Nearby amenities such as the Leicester Country Club enhance the area's appeal. This exceptional opportunity presents a strategic advantage for investors seeking a promising site for their next project in a vibrant and growing community. The asking price for this exceptional property is $395,000. The property's latitude and longitude coordinates are 42.2434154 and -71.8908142 respectively.
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.