Financial
Distress signals
Property profile

274 Main St Reading, MA 01867

OFF-MARKET
Office buildings
Property ID
US38-1740908
23,985 SF 1.01 ac lot Built 1976
Last sale Jan 2024 · $4,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional office space at 274 Main Street, Unit 204, offers 843 square feet of immediately available, sunlit professional space on the second floor. The building, constructed in 1976, boasts a total of 24,174 square feet and features one elevator for convenient access. This traditional office space is ideal for a small business or individual professional seeking a well-maintained and easily accessible location. The unit is part of a multi-tenant building with ample parking – 99 spaces

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$35k
Tax billed · 2024
Assessed value$2.73M
Assessed land$799k
Assessed improvement$1.93M
Effective rate1.29%

Value estimate

· Sep 2026
$4.05M
$3.65M – $4.46M
AI approach$4.05M
Sales comparison$2.92M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BUSA
JurisdictionREADING

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Parking Facility11.4
Electrical Service10.4

Location

274 Main St Reading, MA 01867-3669
County assessor Recorded deeds · 6 transfers 7 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
95 Main, Reading, MA 01867-3972 $249,000 Jun 2021 6,464 SF
22 Woburn, Reading, MA 01867-3026 $1,400,000 Mar 2021 7,664 SF
328 Main, Reading, MA 01867-3618 $600,000 Sep 2019 4,132 SF
55 Walkers Brk, Reading, MA 01867-3272 $32,250,000 Dec 2018 146,088 SF
191 Main, Reading, MA 01867-0067 $420,000 Nov 2018 1,287 SF
400 Main, Reading, MA 01867-3618 $305,000 Oct 2018 1,453 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
6 properties of the same type nearby
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