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    1 Main St Georgetown, MA 01833-2009
    Property profile & analytics

    1 Main St, Georgetown, MA 01833-2009

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    • Retail properties & Spaces
    • 6,365 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Sep 25, 2024
    $825,000
    Property ID
    US38-1733208
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1 Main St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property type
    Retail properties & Spaces
    APN
    GEOR M:0011A B:00000 L:00027
    APU
    GEORM0011AB00000L00027

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 25, 2024 $825,000 Bd Georgetown Prop LLC Jdx5 LLC Quit Claim Arm's Length For Ne States $500k · Newburyport Five Cents Savings Bank
    Aug 12, 2022 $970,000 Jdx 5 LLC 1 West Main Street LLC Quit Claim Arm's Length For Ne States $200k · North Shore Bank
    Nov 13, 2020 — 1 W Main Street LLC — Deed · related $250k · Sin RT
    Feb 27, 2013 $425,000 1 W Main Street LLC Littles Block RT Grant Deed $319k · Enterprise Bank & Trust
    Mar 3, 2010 $1 Gatchell,john D Tr Gatchell,winifred H Grant Deed —
    — — 1 W Main Street LLC — Deed Of Trust · related $250k · Sin RT

    Description

    This exceptional retail opportunity is located at 1 W Main St, Georgetown, MA 01833. The property boasts a highly visible corner location within a bustling commercial area, offering excellent accessibility and foot traffic. The single-tenant space comprises 1,535 square feet within a larger 6,365 square foot building constructed in 1925. The building sits on a 0.23-acre lot and features one story. Limited on-site parking is available with four spaces. The property is zoned CA and located in Essex County. The building does not include elevators. Property taxes are $1.83 per square foot. This space is ideal for a variety of retail uses, including food service establishments, given its high visibility and convenient location. The lease rate is $20 per square foot, NNN, with NNN charges totaling $3.75 per square foot. Lease terms are negotiable. This presents a unique chance to establish a thriving business in a vibrant and growing community. The property's prime location and ample street parking ensure high visibility and accessibility for customers. Don't miss this chance to secure a prominent retail space in Georgetown, Massachusetts.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $825,000
      ML approach
      $825,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $651,000
      Market price range: $382k - $1.24M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,270,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9919
    Latitude
    42.725
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,660
    $115,700
    $813,400
    $929,100
    -
    $0.00
    $0.00
    $0.00
    More about this property
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