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    FOR SALE
    Retail space

    11 East Main St, Erving, MA 01344

    3,472 SF 0.67 ac lot Built 1873
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-1129202
    Property summary
    AI-generated overview

    This exceptional commercial property boasts a prime location on Route 2 in Erving, MA, with over 11,000 vehicles passing daily. The 0.67-acre lot features 200 feet of frontage, ensuring high visibility. The main building, a sturdy 112x30 timber frame structure, offers over 3,400 square feet of ground floor space, currently utilized as a successful antique/collectible shop and cafe. A large 115x10 covered porch provides ample space for customers. The cafe, previously featured in America's Test Kitchen, includes a fully functional commercial kitchen. A second-floor space presents potential for conversion to residential or additional commercial use. A separate 30x12 building with a 30x6 covered porch, currently used for statuary display, offers additional space and versatility. The property includes plentiful parking. The seller will include most retail stock and kitchen equipment at no additional cost, providing a turnkey opportunity for a new owner. This is an unparalleled business opportunity in a low-tax area, ideal for a variety of commercial ventures. The high traffic count and prominent location make this property a truly exceptional investment.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1873
    Construction FRAME
    Total area 3,472 SF
    Lot 0.67 ac (29,272 SF)
    Zoning code CV
    APN ERVI M:006 B:004 L:061
    UPID US38-1129202
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Freight House Antiques Home Decor Store (Bike/Boat/Book/etc) Store
    • Freight House Café Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Odin Ents INC · 7 yrs held
    Odin Ents INC
    since 2018
    5 recorded transactions
    2020
    2018
    2005
    $1
    2004
    1969
    Zoning & alternative use
    CV · Erving, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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