192 Main St, Medway, MA 02053
This exceptional 530-square-foot special purpose property, zoned ARII, presents a unique investment opportunity. Situated on a one-acre lot encompassing 42,200 square feet, this single-tenant building offers versatile usage as a storage facility or garage. The property boasts six total parking spaces, providing ample convenience for users. The interior space measures approximately 23 feet by 23 feet and is equipped with a separate electric meter for efficient utility management. Heating is included, enhancing year-round usability. The property is currently vacant, offering immediate occupancy. Its location on Main Street in Medway provides excellent visibility and accessibility. The flexible tenancy options, including short-term or month-to-month leases, cater to a wide range of potential tenants. This property is ideal for an investor seeking a strong return on investment in a high-demand market. The substantial lot size offers potential for future expansion or development, subject to local zoning regulations. This is a rare opportunity to acquire a well-maintained, functional building in a desirable location. The property's features and location make it an attractive option for various storage or garage needs. The existing infrastructure and ample parking further enhance its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.