Property profile

172 Main St North Reading, MA 01864

OFF-MARKET
Retail space
Property ID
US38-1536142
1,520 SF 0.23 ac lot Built 1920
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 1,520 SF
Lot 0.23 ac (10,019 SF)
Zoning code HB
APN NREA M:025.0 B:0000 L:0030.0
UPID US38-1536142

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
  • (Bike/Boat/Book/etc) Store
  • Construction Company
  • Roofing Company General Contractor

Location

172 Main St North Reading, MA 01864-3116
North Reading metro Census 330202 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
1 recorded transaction
2024
$1.3M

Zoning & alternative use

HB · North Reading, MA
Zoning description

Highway Business (HB) District. § 200-40 Industrial/Office (I/O-1) District. § 200-32 Applicability. Except as otherwise provided in this Zoning Bylaw, no building, structure or land shall be used for a purpose other tha…

General category MIXED_USE

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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