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    OFF-MARKET
    Commercial real estate

    Depot St, Grafton, MA 01560

    1.53 ac lot Built 2009
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.53-acre property in Grafton, MA, presents a unique investment opportunity. Boasting over 12,000 square feet of interior space, the property is ideally situated for a diverse range of commercial and residential uses. The revised Village Mixed Use zoning opens doors to numerous possibilities, including multi-family dwellings, a community center, or a retail establishment. Allowed uses are extensive and encompass grocery stores, delis, bakeries, pharmacies, beauty salons, barber shops, dry cleaners, restaurants, and medical or dental offices, even a bank. The flexibility of mixed-use zoning allows for creative development, such as combining retail space on one floor with residential units on others. The level lot provides ample off-street parking, a significant advantage for any commercial venture. Its strategic location offers excellent access to major transportation arteries, including the Pike, Routes 146 and 140, and convenient proximity to the train. Detailed zoning bylaws and usage tables are available upon request, providing a comprehensive understanding of permitted uses and development guidelines. This property represents a rare chance to capitalize on a prime location and flexible zoning in a thriving community. The asking price is $650,000. A detached garage is also included on the property.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2009
    Lot 1.53 ac (66,647 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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