127-129 Main St Mansfield, MA 02048
- Retail space
- 14,352 SF
- 0.22 lot acres
Current Use by Public Records
- Retail space
Property Details for 127-129 Main St
- Year built
- 1904
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 14,352 SF
- Property type
- Retail space
- APN
- MANS M:024 B:045
- APU
- MANSM024B045
Description
This exceptional office space, located within the historic Wheeler Building in Mansfield, offers a unique blend of traditional and creative office environments. Situated on the third floor, this single-tenant unit boasts approximately 550 to 600 square feet of usable space, perfect for a small business or professional practice. Built in 1904, the Wheeler Building retains its charm while offering modern convenience. All utilities are included in the rental price, simplifying budgeting and administration. The space shares two conveniently located public restrooms on the same floor. A smaller office space is also available on the third floor for those seeking alternative sizes. The building's prime location on North Main Street, between the North and South Common, provides unparalleled access to the heart of Mansfield. Enjoy close proximity to Mansfield Crossing, the commuter rail, and major roadways including Routes 106 and 140, as well as Interstates 95 and 495. This central location offers easy commutes and convenient access to a variety of amenities. The Wheeler Building presents a rare opportunity to secure a well-located, all-inclusive office space in a desirable Mansfield setting. This is a three-story building without elevators. The building is situated between the North and South Common, with Villa Street as a cross street.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,075,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,095,000
- 6.5%
- $1,135,000
- 7%
- $1,270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,245,000
- Geo Method
- $1,140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,020,000
- Retail
- $1,320,000
- Mixed-Use
- $1,230,000
- Hospitality
- $1,175,000
- Educational
- $1,290,000
- Residential Income
- $1,050,000
- Energy
- $1,325,000
- Income-Based Land
- $1,365,000
- Food Service
- $1,305,000
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.2174
- Latitude
- 42.0278
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
