208 Main St Wilmington, MA 01887
- Retail properties
- 15,040 SF
- 1.32 lot acres
Current Use by Public Records
- higi / Health Consultant
- Rachel Bell / Pharmacy
- David Wojtczak / Pharmacy
Property Details for 208 Main St
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 1.32 lot acres
- Property size
- 15,040 SF
- Property type
- Retail properties
- APN
- WILM M:0044 L:0000 P:0178B
- APU
- WILMM0044L0000P0178B
Description
This exceptional freestanding retail property, located at 208 Main Street in Wilmington, Massachusetts, offers a total of 4,446 square feet of space, currently entirely vacant and available for lease. The building is divided into two equally sized suites, each comprising 2,223 square feet, providing flexibility for a variety of retail businesses. Situated in Middlesex County, with convenient access to major roadways, this property benefits from high visibility and significant foot traffic. The address, 208 Main Street, places it in a prime commercial location within Wilmington, MA, zip code 01887. The property's classification as "Freestanding" ensures independent access and ample parking opportunities, enhancing its appeal to potential tenants. The building's layout is designed to accommodate multiple tenants, making it ideal for businesses seeking individual spaces or those looking to expand their operations. With its strategic location and ample square footage, this property presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The entire 4,446 square feet is currently available, offering a rare chance to secure a substantial retail space in a desirable location. Interested parties are encouraged to inquire for further details and leasing options.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,020,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,230,000
- 6.5%
- $3,120,000
- 7%
- $3,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,840,000
- Geo Method
- $3,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,895,000
- Retail
- $3,125,000
- Mixed-Use
- $2,670,000
- Hospitality
- $3,110,000
- Educational
- $3,455,000
- Residential Income
- $3,185,000
- Energy
- $3,175,000
- Income-Based Land
- $2,740,000
- Food Service
- $3,215,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1814
- Latitude
- 42.5582
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
