25 Main StWestborough, MA 01581

Property Details for 25 Main St

Year built

2015

Construction

STEEL FRAME

Lot size

0.53 AC

Property size (Sq ft)

29,424 SF

Zone code

BB

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

WBOR M:0020 B:000312 L:0

APU

WBORM0020B000312L0

Description

This exceptional mixed-use retail property, located at 25 West Main Street in Westborough, Massachusetts, offers a unique opportunity for a discerning tenant. The building boasts a total of 29,424 square feet across a single story, currently featuring one suite. A significant portion of the space, totaling 2,239 square feet, is immediately available for lease. This presents a fantastic chance to establish or expand a business in a vibrant and highly visible location. The property's mixed-use designation allows for a variety of commercial ventures. The address is situated in Worcester County, within the 01581 zip code, providing easy access to major roadways and a strong local customer base. Ample on-street parking is readily available for patrons and employees, ensuring convenient access. The property is ideally suited for businesses seeking a prominent presence in a thriving Westborough community. This is a rare opportunity to secure a substantial retail space in a desirable location with excellent visibility and ample parking. The single-story building offers ease of access and functionality. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,864,666

  6.5%

  $4,490,461

  7%

  $4,169,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,844,540

  Geo Method

  $3,844,540

• Alternative Use

  Use

  Valuation

  Residential

  $5,568,172

  Hospitality

  $5,100,416

  Educational

  $4,243,486

  Medical

  $4,389,426

  Retail

  $6,600,978

Location Insight

City

Westborough

County

Worcester

State

Massachusetts

Latitude

42.2693

Longitude

-71.6141

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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