1 Beverly Dr, Sterling, MA 01564-2149
This exceptional free-standing building, situated on a one-acre lot, offers 2,600 square feet of versatile space. Originally constructed in 1983 and extensively renovated in 2016, this single-story property boasts a unique blend of traditional, medical, and creative office capabilities. The building features convenient drive-in access and ample parking, catering to a variety of business needs. Internal amenities include a gym, kitchen, studio, and substantial storage areas. The property's zoning allows for diverse uses, including education, therapy, retail, industrial, fitness, and religious organizations. A five-year triple-net lease is available, commencing January 2025, at a monthly rate of $4600. The building's prime location on Route 12 offers easy access to major roadways, including Routes 190 and 2, enhancing its appeal and accessibility. An added benefit is a secure, fenced outdoor area. This property presents a rare opportunity for a business seeking a well-maintained, versatile space with excellent visibility and convenient access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.