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Property profile & analytics
FOR LEASE
Commercial real estate

30 Main St Topsfield, MA 01983

3.59 ac lot
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1596887
Property summary
AI-generated overview

This exceptional 3,900 square foot commercial property, located at 30 Main Street in Topsfield, Massachusetts, presents a unique investment opportunity. Situated in the town's Central Business District, this former bank branch boasts a prime location just one mile from the renowned Topsfield Fairgrounds, ensuring high visibility and accessibility. The building features a well-designed layout, ideal for a variety of uses. The first floor comprises a spacious reception/waiting area, teller stations (easily adaptable), partitioned offices, and a private office, perfect for client interaction and administrative functions. Upstairs, the second floor offers a versatile conference room, ample storage space, a convenient kitchenette, a dedicated IT room, restrooms, and additional private offices, providing flexibility for various business needs. The property sits on a generous 3.59-acre lot, offering significant potential for expansion or outdoor amenities. Convenient parking is readily available in the adjacent Topsfield Village Shopping Center's lot (under the same ownership), supplemented by plentiful street parking. Estimated Net, Net, Net (NNN) charges are projected to be between $4.00 and $5.00 per square foot. The property's adaptability makes it suitable for a wide range of businesses, including but not limited to banks, credit unions, restaurants, and various retail and service operations. This is a rare opportunity to acquire a substantial commercial property in a thriving Topsfield location. The asking price is $14,000,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.59 ac (156,380 SF)
Zoning code BV
APN TOPS M:0040 B:0074 L:
UPID US38-1596887
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
  • Serenity Skincare Spa & Nails Nail Salon
  • Perfect Cut the Hair Salon Hair Salon Nail Salon
  • Francie's Boutique Discount Store (Bike/Boat/Book/etc) Store
  • Bagel Bin Deli (Topsfield) Restaurant
  • Gil's Grocery Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Topsfield Village Shppng · 15 yrs held
Topsfield Village Shppng
since 2011
5 recorded transactions
2011
Price N/A
2008
Price N/A
2004
Price N/A
2004
Price N/A
2002
Price N/A
Zoning & alternative use
BV · Topsfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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