35 Main St Randolph, MA 02368-4603
Property profile & analytics
35 Main St Randolph, MA 02368-4603
- Retail space
- 3,416 SF
- 0.15 lot acres
Property ID
US38-0561785
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 35 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.15 lot acres
- Property size
- 3,416 SF
- Zone code
- CSBD
- Property type
- Retail space
- APN
- RAND M:53 B:C L:003
- APU
- RANDM53BCL003
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $970,000
- 6.5%
- $895,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $820,000
- AI Estimate
- $518,000
Market price range: $543k - $1.51MMarket price range: $297k - $886k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,000,000 Current use
- AUTO REPAIR, GARAGE
- $1,100,000 Change: +10% Conversion: Difficult
- OFFICE BUILDING
- $1,000,000 Change: +0% Conversion: Easy
- COMMERCIAL (GENERAL)
- $875,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.0416
- Latitude
- 42.1636
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,956
$391,677
$102,500
$494,177
-
$0.00
$0.00
$0.00
