Technical
Financial
Distress signals
Property profile

210 Main St Ayer, MA 01432

OFF-MARKET
Super regional malls
Property ID
US38-0774292
16,344 SF 1.4 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1965
Total area 16,344 SF
Lot 1.4 ac (60,984 SF)
Zoning code GB
APN AYER M:032 B:0000 L:0030
UPID US38-0774292

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
  • Restaurant
  • Bakery Discount Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Training Center

Location

210 Main St Ayer, MA 01432-1228
Ayer metro Census 325102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.42M
CAP Approach CAP
$4.71M
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$3.42M

Owner & transaction history

since 2024
Last sale
$3.4M
3 recorded transactions
2024
$3.4M
2018
$1.2M
2005
$537,500

Zoning & alternative use

GB · Ayer, MA
Zoning description

A-2 (A-2). C. General Residence (GR). 4.1.2 Business Districts. A. Mixed-Use Transitional (MUT). B. Downtown Ayer/Park Street Form-Based Code (DPSFBC). C. West Ayer Village Form-Based Code (WAVFBC). D. General Business (…

General category COMMERCIAL
Top alternative use upside
Restaurant $4.7M +4.8%
Auto repair, garage $4.6M +1.6%

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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