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    FOR LEASE
    Office buildings

    1448 N Main St, Palmer, MA 01069

    5,832 SF 0.16 ac lot Built 1900
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US38-0927839
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 1448 N Main St in Palmer, Massachusetts, offers a unique opportunity for businesses seeking flexible and high-quality workspace. Built in 1900 and extensively renovated in 2018, this two-story building boasts 5,500 square feet of total space, currently featuring 3,391 square feet of vacant office space available for lease. Multiple tenancy options are available, with a minimum divisible space of 1,000 square feet, allowing for customization to suit various business needs. The property is zoned for business use and includes a convenient rear parking lot with 25 spaces, supplemented by ample street-side parking. The building's prime location offers easy access to the Massachusetts Turnpike, ensuring convenient commuting for employees and clients. The interior features beautifully built-out, move-in ready office spaces on both the first and second floors, reflecting the high standards of a Class A property. This is an ideal location for businesses seeking a prestigious and functional office environment in the thriving Palmer, MA market. The property is situated in a business-zoned area, ensuring compatibility with a wide range of commercial activities. This exceptional opportunity combines historical charm with modern amenities, creating a truly unique and desirable office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction FRAME
    Total area 5,832 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code VC1
    APN PALM M:57 B:9
    UPID US38-0927839
    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
    • Edward Jones - Financial Advisor: Hunter E Boody, ChFC® Financial Advisor
    • Computer Training of America Vocational School Training Center
    • Middlesex Recovery Palmer Medical Clinic
    • QUABBIN VALLEY EYE CARE Optician Optometrist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $760k
    Blend (final) Blend
    $550k
    Owner & transaction history
    1448 N Main St LLC · 6 yrs held
    1448 N Main St LLC
    since 2019
    2 recorded transactions
    2019
    $515,000
    1988
    Zoning & alternative use
    VC1 · Palmer, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $780,000 +46.3%
    Auto repair, garage $730,000 +36.5%
    Retail stores $595,000 +10.9%
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    More about this property
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