678 Main StClinton, MA 01510

  • Retail properties
  • 1,990 SF
For Sale
$549,000 View listing

Property Details for 678 Main St

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.28 AC
Property size (Sq ft)
1,990 SF
Property type
Retail properties
Property subtype
Auto shops
APN
CLIN M:0079 B:2599 L:0000
APU
CLINM0079B2599L0000

Description

This exceptional commercial property, located on a high-traffic section of Main Street in Clinton, MA, presents a unique investment opportunity. The 12,000+ square foot lot houses a sturdy garage/shop building constructed of concrete block and metal in 1961. The building offers ample space with a ceiling clearance of 10-12 feet, making it suitable for a variety of uses. Three overhead doors provide convenient access, while robust infrastructure includes 200 AMP electrical service, natural gas, oil heating, and readily available water and sewer connections. The property's prime location on Main Street ensures maximum visibility and exposure to a large volume of daily traffic, ideal for attracting customers. The 0.28-acre lot provides ample space for expansion or outdoor storage. This versatile property is ready for immediate occupancy and presents a rare chance to establish a business in a highly desirable location. Its solid construction and robust utilities make it an attractive option for entrepreneurs seeking a well-maintained and strategically located commercial space. The property's potential is limited only by the imagination of its future owner. Don't miss this chance to secure a prominent presence in a thriving Clinton, MA commercial district.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $483,639
    6.5%
    $446,436
    7%
    $414,548
  • Comparable approach

    Method
    Valuation
    Relative Method
    $655,234
    Geo Method
    $655,234
  • Alternative Use

    Use
    Valuation
    Residential
    $376,586
    Hospitality
    $344,951
    Educational
    $286,995
    Medical
    $296,865
    Retail
    $446,436
678 Main St, Clinton, Massachusetts

Location Insight

City
Clinton
County
Worcester
State
Massachusetts
Latitude
42.4225
Longitude
-71.6877
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,626
$123,000
$89,100
$212,100
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-
-
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