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Property profile & analytics
OFF-MARKET
Office Spaces

1565 Main St 103 Tewksbury, MA 01876-2085

775 SF 0 ac lot Built 1988
Individually Owned 2-yr Hold Free & Clear
Property ID
US38-1740044
Property summary
AI-generated overview

This 713 square foot office condo, located in the desirable Village Green Office Park at 1565 Main Street, Suite 2207, Tewksbury, MA, presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located workspace. Situated on the second floor of Building 2, this unit features a thoughtfully designed layout including a reception area, two spacious private offices, a storage room, and a utility room. The office benefits from abundant natural light, creating a bright and productive atmosphere. Building amenities include an elevator and conveniently located hallway restrooms. A condo fee of $284 per month covers maintenance, electricity, and water, simplifying operational costs. Ample on-site parking ensures easy access for employees and clients. The property enjoys a prime location on Route 38, a high-traffic area boasting 30,000 vehicles daily, providing excellent visibility for signage and advertising. Its proximity to Routes 93 and I-495 offers easy access to major transportation arteries. The surrounding area is rich with essential services, restaurants, and shopping, creating a vibrant and convenient environment for your business. This turnkey office space is ready for immediate occupancy and offers a compelling combination of functionality, convenience, and visibility. The asking price is $175,000.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Construction FRAME
Total area 775 SF
Lot 0 ac (100 SF)
Zoning code MFD
APN TEWK M:0073 L:0003 U:B103
UPID US38-1740044
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
  • Blue moon spa Alternative Medicine Practice Spa & Massage Center
  • Dr. Kathleen O'keefe Physician
  • Art Box Boston Art Gallery
  • Kelly Noonan Physician
  • Mackenzie Valerie Family Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rose Long · 2 yrs held
Rose Long
since 2023
Last sale
$100,000
2 recorded transactions
2023
$100,000
2022
$80,000
Zoning & alternative use
MFD · Tewksbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source TEWKSBURY ZONING BYLAW
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