35 Main St Georgetown, MA 01833
- Office buildings
- 1,534 SF
- 0.13 lot acres
Current Use by Public Records
- Office buildings
Property Details for 35 Main St
- Year built
- 1865
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property size
- 1,534 SF
- Property type
- Office buildings
- APN
- GEOR M:0011A B:00000 L:00071
- APU
- GEORM0011AB00000L00071
Description
Exceptional opportunity to lease office or retail space in the heart of downtown Georgetown, Massachusetts. This property, located at 35 W Main St (Route 97), offers multiple suites within a two-story, 1973-built building renovated in 2020. The building features a Class B designation, boasting a total of four suites, ample parking (30 spaces), and high visibility on a major thoroughfare with over 15,000 vehicles passing daily (MA DOT data). Suite sizes range from approximately 625 to 839 square feet, with options for ground-floor retail and second-floor office spaces. The building features a 9-foot ceiling height and a wide-open floor plan. The property sits on a 0.54-acre lot and is zoned CA. Its convenient location places it near the primary intersection in town, offering excellent exposure to high traffic volume. Nearby businesses include Dunkin' Donuts, Salem Five, Napa Auto Parts, Crosby Market, Mobil, CVS, and The Spot restaurant. The lease is a modified gross lease
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $330,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $275,000
- Mixed-Use
- $245,000
- Hospitality
- $265,000
- Educational
- $245,000
- Residential Income
- $305,000
- Energy
- $335,000
- Income-Based Land
- $265,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9907
- Latitude
- 42.7235
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA