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Financial
Distress signals
Property profile

2254 Main St Tewksbury, MA 01876

FOR SALE
Turn key restaurants
Property ID
US38-0702565
1,224 SF 0.52 ac lot Built 1948
Last sale Dec 2019 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2254 Main St, Tewksbury, MA 01876 For Sale 1 / 15
$949,900 1,224 SF
2254 Main St, Tewksbury, MA 01876
View Listing

Property summary

AI-generated overview

The property is a free-standing building that was remodeled in 2024 and features new natural gas heating and an air conditioning system. It is located near the Wilmington Line and is positioned to provide high visibility. The building contains approximately 3,260 square feet and includes a large unfinished basement that could be finished to create additional usable space. The site has on-site parking and the existing improvements have historically been used as a restaurant/bar.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$10k
Tax billed · 2024
Assessed value$379k
Assessed land$194k
Assessed improvement$185k
Effective rate2.52%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$7k
Operating expenses−$20k
NOI · 6.43% cap applied$61k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
County average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$147 – $429
Qualifying comparables3

Cap rate analysis

How does the asset earn?
6.43%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COM
JurisdictionTEWKSBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.3
Law Firm23.4
Dental Office18.5

Location

2254 Main St Tewksbury, MA 01876
County assessor Recorded deeds · 5 transfers 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
328 Billerica, Tewksbury, MA 01876-3516 $350,000 Feb 2024 1,080 SF
2504 Main, Tewksbury, MA 01876-3130 $520,000 Feb 2023 2,308 SF
346 Main, Tewksbury, MA 01876-1730 $1,050,000 Oct 2021 3,240 SF
1060 Main, Tewksbury, MA 01876-2070 $530,000 Jun 2021 2,156 SF
2461 Main, Tewksbury, MA 01876-3196 $255,000 Dec 2019 1,124 SF
283 Old Main, Tewksbury, MA 01876-1755 $125,000 Jan 2019 2,736 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

Comparable nearby

  • Value Estimation
    $275,000
    1,124 SF
    2461 Main St
    DEPARTMENT STORE
    2461 Main St, Tewksbury, MA 01876-3196
    View Details
  • Value Estimation
    $390,000
    1,760 SF
    420 Woburn St
    DEPARTMENT STORE
    420 Woburn St, Tewksbury, MA 01876-3437
    View Details
  • Value Estimation
    $520,000
    2,308 SF
    2504 Main St
    RESTAURANT
    2504 Main St, Tewksbury, MA 01876-3130
    View Details
  • Value Estimation
    $440,000
    3,200 SF
    1665 Andover St
    RESTAURANT
    1665 Andover St, Tewksbury, MA 01876-1109
    View Details
  • Value Estimation
    $2,065,000
    3,356 SF
    295 Main St
    FINANCIAL BUILDING
    295 Main St, Tewksbury, MA 01876-1725
    View Details
  • Value Estimation
    $475,000
    3,642 SF
    1915 Andover St
    RESTAURANT
    1915 Andover St, Tewksbury, MA 01876-1261
    View Details

Similar Nearby for Sale

  • New
    $249,000
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    Two-Storefront Retail Property
    Flexible retail layout with separate entrances, private bathrooms, building signage, and a shared rear storage and egress area.
    885 Main, #9, Tewksbury, MA 01876
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  • New
    Contact for pricing
    Operational Barbershop Storefront
    Fully operational service business with barbering and facial-treatment infrastructure.
    1875 Main St, Tewksbury, MA 01876
    View Details

Similar Nearby for Lease

  • New
    $1,300/Mo
    Three-Room Retail Suite
    A private half bath and on-site parking add convenience for staff and visitors.
    2500 Main St # 110, Tewksbury, MA 01876
    View Details
  • New
    Contact for pricing
    1,450 sqft
    Retail/Office Storefront Condo
    For lease 1,450 SF storefront retail/office condo with convenient highway access nearby.
    885 Main Street, Tewksbury, MA 01876
    View Details
  • New
    $2,000/Mo
    High-Visibility Retail/Office Space
    Commercial space for lease on Main St with ample on-site parking and strong daily traffic exposure.
    1875 Main St, Tewksbury, MA 01876
    View Details
  • New
    Contact for pricing
    Retail Pad Site Available
    Pad site available for lease in Tewksbury, Massachusetts.
    553 Main St, Tewksbury, MA 01876
    View Details
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