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    Property profile & analytics
    OFF-MARKET Estimated value $1,110,000
    Retail space

    2 Maple Ave, Upton, MA 01568-1655

    4,148 SF 0.42 ac lot Built 1860
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US38-0525254
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.16M
    CAP Approach CAP
    $945k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    Imperial Country Grocer · 4 yrs held
    Imperial Country Grocer
    since 2022
    Last sale
    $1.1M
    1 recorded transaction
    2022
    $1.1M
    Zoning & alternative use
    1 · Upton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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