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    OFF-MARKET
    Office buildings

    297 Main St, Monson, MA 01057-1306

    4,808 SF 0.66 ac lot Built 1900
    Individually Owned ~ Est. High Equity
    Property ID
    US38-0228233
    Property summary
    AI-generated overview

    This unique mixed-use property, situated at 297 Main Street in Monson, Massachusetts, presents a compelling investment opportunity. Located on a 0.66-acre lot at the corner of Main and Bliss Streets, this building enjoys high visibility and convenient access to downtown Monson and Route 32. Formerly a church, the structure offers approximately 2,250 square feet of space, currently configured as commercial space on the first floor, a one-bedroom apartment on the second floor, and a partially finished basement. The property benefits from a sizable parking area, a significant advantage in this location. Previous approvals have been secured for a dental practice, providing a clear path for a specific use, although the property's versatility allows for a range of reconfiguration options to suit various multi-tenant needs. Its proximity to the Connecticut border adds to its strategic appeal. This property is priced at $225,000 and offers significant potential for renovation and redevelopment, making it an attractive proposition for investors seeking a multi-use property in a desirable location. The building's history and existing infrastructure provide a solid foundation for a variety of commercial and residential uses. The large parking area is a key feature, enhancing the property's appeal to potential tenants. This is a rare opportunity to acquire a well-located mixed-use building with significant upside potential.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1900
    Construction FRAME
    Total area 4,808 SF
    Lot 0.66 ac (28,749 SF)
    Zoning code CC
    APN MONS M:116 B:050A
    UPID US38-0228233
    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
    by Request
    Owner & transaction history
    Darren Nguyen
    Darren Nguyen
    since 2025
    Last sale
    $65,000
    4 recorded transactions
    2025
    $210,000
    2021
    $65,000
    2007
    $245,000
    2005
    Zoning & alternative use
    CC · Monson, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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