20 Main St Sherborn, MA 01770
- Specialty properties
- 1.13 lot acres
Current Use by Public Records
- R & P Lowell Architects / Architect
- Raymond James Financial Services / Financial Consultant / Financial Planner
- Howland Company, Inc. / General Contractor
- Bolt & Lambert Elec Co Inc / Electrician
- Heaven On Earth Antiques & Design / Antique Store
Property Details for 20 Main St
- Lot size
- 1.13 lot acres
- Zone code
- RA
- Property type
- Specialty properties
- APN
- SHER M:0012 B:0000 L:56C
- APU
- SHERM0012B0000L56C
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
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Location Insight
- Map
- Local Demand
- City
- Sherborn
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3662
- Latitude
- 42.2268
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA