Property profile

270 Main St B4 Hanson, MA 02341

FOR LEASE
Other commercial real estate
Property ID
US38-0735430
3.35 ac lot
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial retail/office unit within a busy shopping plaza on Route 27. The unit comprises 1,000 square feet and includes PVC flooring, a dedicated office, a half bathroom, a mop room, and two additional small rooms. The space is heated with gas heat and is served by central air conditioning. The building has had updates including replaced/newer heating systems, central air conditioning (CA) units, and a roof, and the parking lot has been recently updated. The plaza is occupied by multiple service and retail tenants (including a post office, Domino’s, and other personal services and dining uses), and the unit has high visibility with access to the shared parking lot. The space can be configured for uses such as office, yoga studio, accounting, or bakery; utilities are typically tenant responsibility.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.35 ac (145,926 SF)
Zoning code 100
APN HANS M:40 B:0 P:44C
UPID US38-0735430

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
  • Hardware & Home Improvement
  • (Bike/Boat/Book/etc) Store
  • Training Center Vocational School
  • Insurance Agency
  • Hair Salon

Location

270 Main St, Unit B4 Hanson, MA 02341
Hanson metro Census 522101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
Price N/A
2015
Price N/A
2015
$2.1M
2015
Price N/A
2008
$1.8M
2004
Price N/A

Zoning & alternative use

100 · Hanson, MA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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