107 Otis St, Northborough, MA 01532-2459
This exceptional two-story medical office building, located at 107 Otis Street in Northborough, Massachusetts, presents a unique investment opportunity. Boasting 21,700 square feet of space, the building sits on a generous 7.35 acres of land and is conveniently zoned BS, Industrial District (APN: NBOR-001050-000000-000047). Constructed in 1986 and renovated in 2001, the Class B building offers multiple tenancy options with two spaces currently available, ranging from 5,245 to 10,850 square feet. The property features a desirable 13-foot ceiling height throughout, providing ample space and flexibility for various medical practices. Ample parking is provided with 76 spaces available for tenants and visitors. The building is equipped with elevators for convenient access to both floors. Its location in Worcester County, Massachusetts, offers easy access to major transportation routes and a thriving community. This property is an ideal choice for medical professionals seeking a well-maintained, spacious, and conveniently located office space in a desirable area. The property's size and features make it suitable for a variety of medical practices or a single large tenant. The ample parking and convenient location are key advantages for both patients and staff. This is a rare opportunity to acquire a well-established medical office building in a prime location.
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Sanders Bathroom Remodeling of Northborough Renovation Specialist General Contractor
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Stephanie Bejtlich, MS Physician
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Meg Favulli Physician
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BS · Northborough, MANorthborough. Always verify with local authorities before improvements.
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.