Technical
Financial
Distress signals
Property profile

208 Main St Wilmington, MA 01887

FOR LEASE
Retail properties & Spaces
Property ID
US38-2307952
15,040 SF 1.32 ac lot Built 1996
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding retail property, located at 208 Main Street in Wilmington, Massachusetts, offers a total of 4,446 square feet of space, currently entirely vacant and available for lease. The building is divided into two equally sized suites, each comprising 2,223 square feet, providing flexibility for a variety of retail businesses. Situated in Middlesex County, with convenient access to major roadways, this property benefits from high visibility and significant foot traffic. The address, 208 Main Street, places it in a prime commercial location within Wilmington, MA, zip code 01887. The property's classification as "Freestanding" ensures independent access and ample parking opportunities, enhancing its appeal to potential tenants. The building's layout is designed to accommodate multiple tenants, making it ideal for businesses seeking individual spaces or those looking to expand their operations. With its strategic location and ample square footage, this property presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The entire 4,446 square feet is currently available, offering a rare chance to secure a substantial retail space in a desirable location. Interested parties are encouraged to inquire for further details and leasing options.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1996
Construction STEEL FRAME
Total area 15,040 SF
Lot 1.32 ac (57,499 SF)
APN WILM M:0044 L:0000 P:0178B
UPID US38-2307952

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Pharmacy
  • Pharmacy

Location

208 Main St Wilmington, MA 01887
Wilmington metro Census 331200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.02M

Owner & transaction history

since 2026
Last sale
$7.0M
6 recorded transactions
2026
$7.0M
2024
$3.0M
2013
$3.9M
2008
$2.9M
1995
$605,000
1995
$1.1M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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