$120,000 9,674 SF

54 Main St, Lee, MA 01238
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Restaurant space is located at 54 Main St in Lee, Massachusetts. The premises are configured for restaurant use, including a commercial kitchen and a bar, along with a storefront prepared with restaurant-appropriate equipment, fixtures, and furniture. The layout also includes basement space, and the space is set up to function under an existing lease arrangement.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$8k

Tax billed · 2024

Assessed value$679k

Assessed land$132k

Assessed improvement$547k

Effective rate1.12%

Value estimate

· Nov 2026

$800k

$720k – $880k

AI approach$795k

Submarket $/SF estimate$853k

NOI build-up

Gross scheduled income$31k

Vacancy & credit loss−$1k

Operating expenses−$7k

NOI · 18.27% cap applied$22k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?

$146/SF

ZIP average, outlier-cleaned · 24 recorded sales of this use type

Observed band · Q1–Q3$71 – $227

Qualifying comparables4

Cap rate analysis

How does the asset earn?

18.27%

$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionLEE

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Parts Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Auto Parts Store9.0

Parking Facility8.8

Garden Center8.6

54 Main St Lee, MA 01238

County assessor Recorded deeds · 10 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

150 Main, Lee, MA 01238-1616 $600,000 Mar 2024 6,319 SF

139 Main, Lee, MA 01238-1660 $675,000 Dec 2023 8,140 SF

232 Main, Lee, MA 01238-1641 $750,000 Oct 2021 9,636 SF

85 Main, Lee, MA 01238-6100 $285,000 Aug 2021 5,016 SF

63 Main, Lee, MA 01238 $425,000 Nov 2020 4,378 SF

236 Main, Lee, MA 01238-1641 $405,600 Apr 2020 9,024 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$865,000

9,636 SF

232 Main St

OFFICE/RESIDENTIAL (MIXED USE)

232 Main St, Lee, MA 01238-1641

View Details
Value Estimation
$765,000

6,862 SF

2120 Cpe St

OFFICE/RESIDENTIAL (MIXED USE)

2120 Cpe St, Lee, MA 01238-9116

View Details
Value Estimation
$655,000

6,710 SF

68 Main St

OFFICE/RESIDENTIAL (MIXED USE)

68 Main St, Lee, MA 01238-1612

View Details
Value Estimation
$605,000

6,600 SF

56 Main St

OFFICE/RESIDENTIAL (MIXED USE)

56 Main St, Lee, MA 01238-1612

View Details
Value Estimation
$815,000

16,200 SF

264 Main St

OFFICE/RESIDENTIAL (MIXED USE)

264 Main St, Lee, MA 01238-1651

View Details
Value Estimation
$355,000

5,532 SF

73 Main St

OFFICE/RESIDENTIAL (MIXED USE)

73 Main St, Lee, MA 01238-1690

View Details

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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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54 Main St Lee, MA 01238

Property summary