Property profile

171 Main St Ashland, MA 01721

FOR LEASE
Office buildings
Property ID
US38-1436035
14,850 SF 0.77 ac lot Built 1985
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Ashland, MA, office building at 171 Main Street offers multiple executive suites for lease. The building, constructed in 1985, boasts 17,975 square feet across four floors and sits on a 0.77-acre lot. Four suites are available, ranging from 250 to 1,000 contiguous square feet, with a total of 2,499 square feet currently vacant. The building is classified as Class C and provides convenient amenities including 50 parking spaces and one elevator. Each suite is already built-out, minimizing tenant improvement costs, and shared restrooms are conveniently located in the common areas. This property presents a fantastic opportunity for businesses seeking flexible, move-in-ready office space in a desirable location. The minimum leasable space is 250 square feet, ideal for smaller businesses, while larger tenants can lease up to 1,000 contiguous square feet. The building's location in Middlesex County ensures easy access to major transportation routes and local amenities. This is a rare opportunity to secure high-quality office space in a well-maintained building with ample parking. Don't miss out on this chance to establish your business in this thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 14,850 SF
Lot 0.77 ac (33,541 SF)
Zoning code 30
APN ASHL M:014.0 B:0063 L:0000.0
UPID US38-1436035

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
  • Physician
  • Physician
  • Dental Office
  • Medical Clinic Alternative Medicine Practice
  • Dental Office

Location

171 Main St Ashland, MA 01721
Ashland metro Census 385102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.43M
Blend (final) Blend
$3.23M

Owner & transaction history

since 2006
7 recorded transactions
2025
Price N/A
2022
Price N/A
2019
Price N/A
2017
Price N/A
2010
Price N/A
2006
$1.8M
2004
Price N/A

Zoning & alternative use

30 · Ashland, MA
Top alternative use upside
Restaurant $4.3M +32.6%
Auto repair, garage $4.2M +28.6%
Neighborhood: shopping center $4.1M +26.6%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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