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    FOR LEASE
    Investment properties

    168 Main St, Northborough, MA 01532

    3,739 SF 0.5 ac lot Built 2011
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-0443494
    Property summary
    AI-generated overview

    This exceptional 4,116 square foot Class B office building, constructed in 1900 and located in Worcester County at 168 Main Street, presents a unique investment opportunity. Currently, 3,189 square feet are available for lease, offering flexible tenancy options. The space can be leased as a single unit or subdivided to accommodate various business needs. A key feature is a 1,292 square foot showroom boasting prominent Route 20 frontage and abundant natural light from large windows. Two additional private offices, totaling 469 square feet, provide dedicated workspace adjacent to the showroom. Furthermore, the property includes 1,428 square feet of recently renovated storage space, complete with a private office, ideal for inventory or archives. This versatile property is perfect for businesses seeking a blend of showroom, office, and storage space in a desirable Worcester County location. The building's classic architecture blends seamlessly with modern updates, creating a functional and attractive workspace. The multiple tenancy option allows for scalability and adaptability to suit a range of business sizes and requirements. This is a rare opportunity to secure a well-located, adaptable commercial space in a thriving area.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 2011
    Total area 3,739 SF
    Lot 0.5 ac (21,606 SF)
    Zoning code BE
    APN NBOR M:0470 L:0009
    UPID US38-0443494
    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
    • New England Design & Remodel Hardware & Home Improvement Furniture & Home Goods
    • Synthenet Corporation Marketing & Advertising (Bike/Boat/Book/etc) Store
    • Pongo Resume® Employment Agency
    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
    Djf Realty LLC · 3 yrs held
    Djf Realty LLC
    since 2022
    Last sale
    $810,000
    7 recorded transactions
    2024
    2022
    $810,000
    2018
    2003
    2002
    1998
    $135,000
    1993
    Zoning & alternative use
    BE · Northborough, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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