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Property profile & analytics
OFF-MARKET
Specialty properties

20 Main St Sherborn, MA 01770-1500

1.13 ac lot
Entity Owned Free & Clear
Property ID
US38-2135922
Property summary
AI-generated overview

This exceptional 14,400 square foot executive office building, located at 20 N Main St in Sherborn, MA, is offered for sale at $5,100,000. Built in 1984 by Timberpeg, this custom-designed post and beam structure sits on a 2.197-acre lot in the heart of downtown, directly off Route 27. The property features a flexible multi-tenant layout, currently generating $14,292 in monthly income ($171,504 annually) with tenants at will (TAW) leases, allowing for easy conversion to single occupancy or continued multi-tenant use. The building boasts 50 parking spaces and is zoned for business use. Utilities include a private septic system and well. Heating and cooling are provided by wall-mounted PTAC units. Property taxes for FY 2023 were $28,151. This presents a unique opportunity to acquire a well-maintained, versatile office complex in a desirable Massachusetts location. The open layout offers significant adaptability for various business needs, while the existing income stream provides immediate return on investment. The property's prime location and ample parking further enhance its appeal. This is a rare opportunity to own a distinctive and functional commercial property in the thriving Sherborn market.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Lot 1.13 ac (49,223 SF)
Zoning code RA
APN SHER M:0012 B:0000 L:56C
UPID US38-2135922
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
Current use
Occupant on record · Public records
  • R & P Lowell Architects Architect
  • Raymond James Financial Services Financial Advisor
  • Howland Company, Inc. Construction Company General Contractor
  • Bolt & Lambert Elec Co Inc Electrical Service General Contractor
  • Heaven On Earth Antiques & Design Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
RURAL LAND FOUNDATION
RURAL LAND FOUNDATION
Zoning & alternative use
RA · Sherborn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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