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    Property profile & analytics
    FOR SALE
    Retail space

    35 North Main St, Randolph, MA 02368

    3,416 SF 0.15 ac lot Built 1900
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US38-0561785
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a three-unit commercial building situated on a prominent Main Street location in Randolph, Massachusetts. The property encompasses 0.15 acres of land and is offered at $1,300,000. A key feature of this offering is the inclusion of an established pizza restaurant, providing immediate income potential for the new owner. The building's precise square footage is not currently available. However, its prime location on a main thoroughfare ensures high visibility and accessibility for all three commercial units. This makes it an attractive proposition for both established businesses and new ventures seeking a high-traffic location. The property's three-unit configuration offers flexibility for a variety of uses, allowing for potential expansion or diversification of income streams. This presents a unique chance to acquire a well-positioned commercial property with an existing, successful business already in place, minimizing the initial setup costs and risks often associated with new ventures. The strong location and existing tenant provide a solid foundation for a profitable investment. Serious inquiries are encouraged to explore this promising opportunity further. Further details regarding the individual unit sizes and lease terms are available upon request.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Construction FRAME
    Total area 3,416 SF
    Lot 0.15 ac (6,480 SF)
    Zoning code CSBD
    APN RAND M:53 B:C L:003
    UPID US38-0561785
    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
    $895k
    Comparable Approach Comparable
    $820k
    Blend (final) Blend
    $715k
    Owner & transaction history
    Klistian&a Realty LLC · 6 yrs held
    Klistian&a Realty LLC
    since 2020
    Last sale
    $666,000
    1 recorded transaction
    2020
    $666,000
    Zoning & alternative use
    CSBD · Randolph, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.1M +10.0%
    Office building $1.0M +0.2%
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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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