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Property profile

154 Main St Northborough, MA 01532

OFF-MARKET
Investment properties
Property ID
US38-0869134
1,289 SF 0.47 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Northborough property offers a rare opportunity to acquire two buildings situated on a sizable 0.47-acre lot. The main building, located at 154 Main Street, boasts approximately 2,200 square feet of space and is zoned Business East, presenting a wealth of potential uses for various businesses. Recent upgrades significantly enhance the property's value and functionality, including a newer roof, septic system, central air condenser, and furnace. Accessibility features are a key highlight, with two handicap-accessible bathrooms and two exterior ramps, complemented by an interior ramp for convenient navigation. The building's layout comprises multiple rooms on the first floor and a finished upper level featuring two separate rooms. A heated back entranceway, equipped with double doors and a ramp, provides seamless access to the main building area. Adding to this unique offering is 154A Main Street, a detached one-bedroom apartment complete with its own utilities and parking. This apartment includes a loft bedroom accessible via a spiral staircase. The property's prime location directly on Route 20 ensures exceptional visibility and exposure to a high volume of traffic, making it an ideal investment for entrepreneurs seeking a prominent commercial presence in a thriving Northborough location. The asking price for this combined property is $699,900.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction CONCRETE
Total area 1,289 SF
Lot 0.47 ac (20,473 SF)
Zoning code BE
APN NBOR M:0530 L:0132
UPID US38-0869134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center
  • Family Counselor
  • Dental Office
  • Counselor

Location

154 Main St Northborough, MA 01532-1930
Northborough metro Census 740102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2022
Price N/A
2017
$335,000
2006
Price N/A
2001
Price N/A

Zoning & alternative use

BE · Northborough, MA
Zoning description

An accessory use shall be incidental and subordinate to the principal use on the lot. (2) An accessory use shall be located on the same lot as the principal residential or nonresidential use to which it is accessory, and…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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