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    Property profile & analytics
    OFF-MARKET Estimated value $4,050,000
    Office buildings

    274 Main St, Reading, MA 01867-3669

    23,985 SF 1.01 ac lot Built 1976
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-1740908
    Property summary
    AI-generated overview

    This exceptional office space at 274 Main Street, Unit 204, offers 843 square feet of immediately available, sunlit professional space on the second floor. The building, constructed in 1976, boasts a total of 24,174 square feet and features one elevator for convenient access. This traditional office space is ideal for a small business or individual professional seeking a well-maintained and easily accessible location. The unit is part of a multi-tenant building with ample parking – 99 spaces in total, ensuring convenient parking for tenants and their clients. The strategic location offers easy access to major roadways, including Routes 28, 95, 128, and 93, as well as convenient proximity to public transportation. While the maximum contiguous space available is 843 square feet, the building may offer additional space options within the larger 24,174 square foot building. This property presents a fantastic opportunity for businesses seeking a well-located, functional, and readily available office space. The building's convenient location and ample parking make it a highly desirable option for professionals and businesses alike. Don't miss this chance to secure your ideal workspace.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Construction STEEL FRAME
    Total area 23,985 SF
    Lot 1.01 ac (43,778 SF)
    Zoning code BUSA
    APN READ M:011.0-0000-0222.0
    UPID US38-1740908
    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
    Current use
    Occupant on record · Public records
    • Melanson & Associates Tax Preparation
    • Eagle Arms Gun Shop
    • Law Offices of Matthew T. Desrochers, P.C. Law Firm
    • Kaur Mandy MD Pediatrician Physician
    • First Dental Associates Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.92M
    Blend (final) Blend
    $4.05M
    Owner & transaction history
    274 Main Office LLC · 2 yrs held
    274 Main Office LLC
    since 2024
    Last sale
    $4.1M
    6 recorded transactions
    2024
    $4.1M
    2015
    $2.3M
    1994
    1990
    1988
    1987
    Zoning & alternative use
    BUSA · Reading, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $6.6M +26.6%
    Retail stores $6.5M +23.2%
    Commercial (general) $6.2M +18.1%
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