931 Main StWalpole, MA 02081

Property Details for 931 Main St

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

1,470 SF

Property type

Retail properties

Property subtype

Banks

APN

WALP M:00025 B:00168 L:00000

APU

WALPM00025B00168L00000

Description

This exceptional retail space, located at 931 Main Street in Walpole, Massachusetts, presents a fantastic opportunity for a discerning business. Situated within a larger commercial building totaling 2,000 square feet, this property offers 1,225 square feet of immediately available space, perfect for a variety of retail ventures. The property is categorized as a multi-tenant building, offering potential for synergy and shared clientele with existing businesses. The building's location in Norfolk County ensures convenient access to a robust local market and ample customer traffic. This is an ideal space for businesses seeking high visibility and a strong foothold in a thriving community. The available space is ready for immediate occupancy, allowing for a swift and efficient start to operations. The property's prime location on Main Street offers excellent exposure to pedestrian and vehicular traffic, maximizing potential for customer engagement. This is a rare opportunity to secure a well-positioned retail space in a desirable area, offering a blend of convenience, visibility, and potential for growth. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. The property is currently listed for lease and offers a blank canvas for a new business to flourish. The 1,225 square feet provides ample space for a variety of retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $357,261

  6.5%

  $329,780

  7%

  $306,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $484,017

  Geo Method

  $484,017

• Alternative Use

  Use

  Valuation

  Residential

  $278,182

  Hospitality

  $254,813

  Educational

  $212,001

  Medical

  $219,292

  Retail

  $329,780

Location Insight

City

Walpole

County

Norfolk

State

Massachusetts

Latitude

42.1472

Longitude

-71.2523

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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