Property profile

2 Maple Ave Upton, MA 01568

OFF-MARKET
Retail space
Property ID
US38-0525254
4,148 SF 0.42 ac lot Built 1860
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 2 Maple Ave, Upton, MA 01568, presents a unique investment opportunity. The 5,572 square foot building, situated on 0.42 acres of land, boasts a prime location directly on Rte. 140, ensuring high visibility and convenient access to major routes leading to Grafton, Worcester, Hopkinton, Milford, and Mendon. The building, constructed in 1860, is a three-story structure classified as Class B and features a single tenancy with 5,572 square feet of vacant space. The property includes 20+ parking spaces and is zoned GB (General Business), allowing for a wide range of uses including retail, professional offices, wholesaling, religious institutions, and municipal purposes. Previously occupied by a children's daycare, this versatile space offers significant potential for various businesses. The property taxes are $0.98 per square foot. The building's location in the heart of Upton ensures high traffic counts, ideal for signage and business exposure. This is a rare opportunity to acquire a well-situated commercial property in a thriving community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1860
Construction FRAME
Total area 4,148 SF
Lot 0.42 ac (18,295 SF)
Zoning code 1
APN UPTO M:203 L:114
UPID US38-0525254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Maple Ave Upton, MA 01568-1655
Upton metro Census 743100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
$945k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.26M

Owner & transaction history

since 2022
Last sale
$1.1M
1 recorded transaction
2022
$1.1M

Zoning & alternative use

1 · Upton, MA

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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