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    210 Main St Ayer, MA 01432-1228
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    Property profile & analytics

    210 Main St Ayer, MA 01432-1228


    • Super regional malls
    • 16,344 SF
    • 1.40 lot acres
    Off-Market
    Last Sale Mar 6, 2024
    $3,420,000
    Property ID
    US38-0774292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,420,000
    Show details
    Cap Rate Potential
    9%
    Super regional malls
    Location Intelligence

    Current Use by Public Records

    • Deven's Pizza & Deli / Restaurant
    • Ruby donut shop / Bakery / Discount Store
    • Fresh Ayer Sports / (Bike/Boat/Book/etc) Store
    • Hawk's Nest Disc Golf Store / (Bike/Boat/Book/etc) Store
    • The Dance Garden / Training Center

    Property Details for 210 Main St

    Year built
    1965
    Lot size
    1.40 lot acres
    Property size
    16,344 SF
    Zone code
    GB
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    AYER M:032 B:0000 L:0030
    APU
    AYERM032B0000L0030

    Description

    This exceptional retail investment opportunity presents a 16,060 square foot building situated on a 1.4-acre lot at 210 W Main St, Ayer, MA 01432. The property, built in 1980, comprises thirteen individual retail units ranging in size from approximately 675 to 3,970 square feet. Currently boasting over 90% occupancy with a mix of short-to-medium term leases, this center offers immediate income potential and future upside. The single-story building features ample parking with 50+ spaces. Its location within the newly designated West Ayer Village Form Based Code zone provides significant advantages for both retail and residential development. Recent public infrastructure improvements, including upgraded water and sewer systems and enhanced public parking, further enhance the property's appeal. The property's adjacency to Devens, MA, a region experiencing substantial commercial growth, creates a high demand for retail space and contributes to a strong investment outlook. Three units are currently available for lease, presenting an immediate opportunity to increase revenue and occupancy. This property is an excellent investment for those seeking a stable, income-producing asset in a rapidly developing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,420,000
      ML approach
      $3,420,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,100,000
      6.5%
      $4,710,000
      7%
      $4,375,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,335,000
      Market price range: $1.14M - $7.47M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,530,000
      Current use
      RESTAURANT
      $4,745,000
      Change: +5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,600,000
      Change: +2% Conversion: Difficult
      RETAIL STORES
      $4,405,000
      Change: -3% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $3,765,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ayer
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.6053
    Latitude
    42.5543
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $37,524
    $207,900
    $1,162,600
    $1,370,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
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