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    Property profile & analytics
    OFF-MARKET Estimated value $2,995,000
    Industrial properties

    291 Main St, North Reading, MA 01864-1301

    14,229 SF 2.32 ac lot
    Entity Owned 23-yr Hold Free & Clear
    Property ID
    US38-0845923
    Property summary
    AI-generated overview

    This exceptional 2,012 square foot retail space is ideally situated on Route 28 in North Reading, Massachusetts, offering unparalleled visibility and accessibility. Located in a thriving commercial area, this single-tenant space is currently a "vanilla box," providing a blank canvas for customization to suit a variety of retail or office uses. Its prime location ensures high foot traffic and excellent brand exposure. The property benefits from adjacency to a high-performing Dunkin', maximizing visibility and attracting customers from a well-established clientele. Nearby, a strong concentration of popular businesses such as Starbucks, Orange Theory Fitness, Pet Supplies Plus, Supercuts, and StretchLab, creates a synergistic environment and a robust customer base. The property also offers the significant advantage of pylon signage, further enhancing its marketing potential and brand recognition. This presents a unique opportunity for businesses seeking a highly visible and convenient location to establish or expand their operations in a bustling commercial hub. The space's adaptable nature makes it suitable for a wide range of retail concepts or office setups, providing flexibility for potential tenants. This is a rare opportunity to secure a prime retail location in a high-traffic area with excellent visibility and strong neighboring businesses.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 14,229 SF
    Lot 2.32 ac (101,059 SF)
    Zoning code RB
    APN NREA M:012.0 B:0000 L:0163.0
    UPID US38-0845923
    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
    • Inertia Dental Dental Office
    • Trusted Insurance Agency MA Insurance Agency
    • Judith Marcovici Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.33M
    Comparable Approach Comparable
    $3.62M
    Blend (final) Blend
    $3.00M
    Owner & transaction history
    Pluff Rlty LLC · 23 yrs held
    Pluff Rlty LLC
    since 2002
    4 recorded transactions
    2022
    2013
    2002
    $350,000
    1988
    $265,000
    Zoning & alternative use
    RB · North Reading, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $4.1M +89.1%
    Auto repair, garage $4.0M +83.4%
    Neighborhood: shopping center $3.9M +80.5%
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