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Financial
Distress signals
Property profile

1060 Main St Leicester, MA 01524

OFF-MARKET
Retail space
Property ID
US38-1638482
7,700 SF 0.83 ac lot Built 1975
Last sale Jan 2016 · $525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is configured as a restaurant space on Main Street in a high-visibility, high-traffic location. The interior measures approximately 3,300 sq. ft. and includes a dining area with bar seating, a dedicated sushi bar area, and a kitchen. The site provides on-site parking for approximately 45 vehicles. A large basement level is included and can support uses such as additional storage, expansion, or private event space.

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$625k
Assessed land$167k
Assessed improvement$458k
Effective rate1.25%

Value estimate

· Oct 2026
$345k
$311k – $380k
Submarket $/SF estimate$863k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
County average, outlier-cleaned · 292 recorded sales of this use type
Observed band · Q1–Q3$70 – $254
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R2
Zoning Map Amendment: Sargent Street Vicinity. To amend the Zoning Map to rezone the following parcels from Residential 2 (R2) to Busines...
General categoryRESIDENTIAL
JurisdictionLEICESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.8
Law Firm9.4
Spa & Massage9.0

Location

1060 Main St Leicester, MA 01524-1355
County assessor Recorded deeds · 1 transfer 4 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

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1530 Main, Leicester, MA 01524-1915 $6,411,396 May 2023 4,134 SF
1205 Main, Leicester, MA 01524-1356 $900,000 Feb 2022 8,030 SF
803 Main, Leicester, MA 01524-1363 $800,000 Apr 2021 8,280 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
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