Entity Owned 
For Lease
Property summary
This exceptional 1,300-square-foot retail space at 1230 Main Street in Leicester, Massachusetts, presents a unique investment opportunity. Located on a 1.62-acre lot, this single-tenant property boasts convenient waterfront access and ample parking with over 65 shared spaces. The building, constructed in 1940 and renovated in 1990, is zoned CB and situated in Worcester County (zip code 01524). The property is currently vacant and ready for immediate occupancy. Existing town permits allow… for a coffee shop or ice cream parlor, but the zoning allows for a wider range of retail uses. This prime location offers high visibility and accessibility, making it ideal for a variety of businesses seeking a well-established presence in a desirable community. The property's size and location provide excellent potential for growth and profitability. The ample parking ensures convenient access for customers and employees. Don't miss this chance to secure a thriving retail space in a vibrant location. Inquire today to learn more about this exceptional opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 10 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 8,448 SF
- Lot area
- 1.62 ac
- Year built
- 1940
- Stories
- 1
- APN
- LEIC M:019 B:0000A11 L:0
- Zoning
- CB
- Assessed value · 2024
- $875,500
- Annual tax · 2024
- $10,988
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $10,988
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Amend Section 3.34, Central Business District (CB), to allow large-scale ground-mounted solar photovoltaic installations by special permit from the Planning Board and to allow small-scale solar photovoltaic installations…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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