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    Property profile & analytics
    OFF-MARKET Estimated value $1,395,000
    Retail space

    1173 Main St, Concord, MA 01742-3021

    3,304 SF 0.48 ac lot Built 1996
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-0501835
    Property summary
    AI-generated overview

    This exceptional 3,400 square foot free-standing retail building is available for lease in Middlesex County. Located on Main Street, this single-tenant property boasts high visibility and significant traffic, with a daily traffic count of 12,037 vehicles. The building offers ample parking with 14 spaces and prominent monument signage opportunities for maximum brand exposure. The space is entirely vacant and ready for immediate occupancy, providing a blank canvas for your business. Its prime location places it amongst a vibrant mix of established businesses, including Chase Bank, TD Bank, Middlesex Savings Bank, Dunkin' Donuts, 7-Eleven, Orange Theory Fitness, Pure Barre, and West Village Tavern, ensuring high foot traffic and a strong customer base. The property's size and configuration offer flexibility, potentially allowing for division into smaller spaces (though currently configured as a single unit). This is an unparalleled opportunity to establish a thriving retail presence in a high-traffic, desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1996
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,304 SF
    Lot 0.48 ac (20,800 SF)
    Zoning code LBW
    APN CONC M:9D B:2454
    UPID US38-0501835
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.42M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.20M
    Blend (final) Blend
    $1.40M
    Owner & transaction history
    Scanio Cre 1173 Main LLC · 3 yrs held
    Scanio Cre 1173 Main LLC
    since 2022
    Last sale
    $1.4M
    7 recorded transactions
    2022
    $1.4M
    2022
    2019
    2019
    2018
    $1.4M
    2016
    $1.3M
    2005
    Zoning & alternative use
    LBW · Concord, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.3M +47.5%
    Auto repair, garage $930,000 +4.4%
    Neighborhood: shopping center $915,000 +2.8%
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