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Property profile & analytics
OFF-MARKET
Office Spaces

234-240 Main St Millbury, MA 01527

1,732 SF 0.23 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 234-240 Main Street in Millbury, Massachusetts, presents a unique investment opportunity. The 1,732 square foot building, constructed in 1960, boasts a desirable B2 zoning classification, allowing for versatile usage. The property features two units: a 600 square foot office space and an approximately 800 square foot apartment, ideal for a live-work arrangement or as a rental income generator. The building is equipped with water, sewer, and gas services, and features gas heating. Its prime location offers easy access to Route 146 and the Massachusetts Turnpike, ensuring convenient commuting. Ample parking is available on-site. The property sits across from the Shops at Blackstone Valley, providing high visibility and proximity to retail amenities. The 0.229-acre lot provides ample space. This is a rare opportunity to acquire a well-situated, mixed-use property in a thriving area, offering both immediate occupancy and long-term investment potential. The asking price is $325,000. This property is classified as a Class C building.

Property profile
Verified
Property type Office Spaces
Year built 1960
Total area 1,732 SF
Lot 0.23 ac (9,975 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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