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Property profile & analytics

168 Main St Northborough, MA 01532

  • Investment properties
  • 3,739 SF
  • 0.50 lot acres
Value Estimation
$720,000
Last Sale
Sep 30, 2022
$810,000
Location Intelligence
Property ID
US38-0443494
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • New England Design & Remodel / Cabinet Store
  • Synthenet Corporation / Website Designer / Software Company
  • Pongo Resume® / Resume Service

Property Details for 168 Main St

Year built
2011
Lot size
0.50 lot acres
Property size
3,739 SF
Zone code
BE
Property type
Investment properties
Property subtype
Live-work space
APN
NBOR M:0470 L:0009
APU
NBORM0470L0009

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $645,000
  • CAP approach

    CAP return
    Estimation
    6%
    $845,000
    6.5%
    $880,000
    7%
    $765,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $805,000
    Geo Method
    $870,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $780,000
    Retail
    $655,000
    Mixed-Use
    $855,000
    Hospitality
    $870,000
    Educational
    $650,000
    Residential Income
    $670,000
    Energy
    $845,000
    Income-Based Land
    $760,000
    Food Service
    $835,000

Location Insight

  • Map
  • Local Demand
City
Northborough
County
Worcester
State
Massachusetts
Longitude
-71.6197
Latitude
42.3287
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,535
$265,200
$542,600
$807,800
-
$0.00
$0.00
$0.00
More about this property
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