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    Property profile & analytics
    OFF-MARKET
    Office buildings

    22 Summer St, Westborough, MA 01581-1565

    4,774 SF 0.11 ac lot Built 1900
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US38-0458828
    Property summary
    AI-generated overview

    This exceptional property at 22 Summer Street in Westborough, MA presents a rare opportunity for both owner-occupancy and investment. Situated on a 0.11-acre lot, this improved building offers a versatile layout ideal for a variety of uses. The first floor features several private offices, perfect for a small business or professional practice seeking a prominent location. The second floor is equally adaptable, designed to accommodate either a large single tenant or a shared office space configuration. A significant feature is the inclusion of a large, shared conference room, catering to the needs of multiple occupants. The building's design allows for flexibility and customization, making it suitable for a range of businesses and occupancy scenarios. The asking price is $1,100,000. This presents a compelling investment opportunity in a desirable Westborough location, offering strong potential for both rental income and owner-occupancy benefits. The property's size and layout provide significant adaptability, making it a truly unique offering in the current market. Serious inquiries are encouraged to explore the possibilities this property presents. The square footage is not currently available.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction FRAME
    Total area 4,774 SF
    Lot 0.11 ac (4,626 SF)
    Zoning code BB
    APN WBOR M:0020 B:000287 L:0
    UPID US38-0458828
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    22 Summer Street Pl LLC · 9 yrs held
    22 Summer Street Pl LLC
    since 2016
    7 recorded transactions
    2016
    $340,000
    2014
    $380,000
    2008
    $105,000
    2008
    $1
    1993
    $23,700
    1993
    1991
    Zoning & alternative use
    BB · Westborough, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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