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Property profile & analytics
OFF-MARKET
Commercial real estate

14 Washington St Ayer, MA 01432

8,103 SF Built 1940
Property ID
US38-1031365
Property summary
AI-generated overview

This exceptional mixed-use property, formerly Ayer's central fire station, presents a fully approved development opportunity. The 8,103 square foot building, situated on a 10,019 square foot lot, offers 12 units: four 2-bedroom apartments with open-concept designs featuring exposed brick walls, and approximately 4,600 square feet of flexible first-floor commercial space. The building, constructed in 1940 and boasting two stories, is zoned for mixed-use commercial development. The property includes five parking spaces. The asking price is $2,000,000, resulting in a price per square foot of $246.82. The net rentable square footage is 7,281 square feet. Located at 14 Washington St, Ayer, MA 01432, this property offers convenient access to the commuter rail, providing easy access to Boston. The projected monthly rent for residential units ranges from $3,000 to $3,300, with commercial space rental rates to be determined based on the tenant's business type. This investment presents a unique blend of historical charm and modern development potential in a thriving community.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 8,103 SF
UPID US38-1031365
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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