Property profile

358 Pleasant St Gardner, MA 01440

OFF-MARKET
Commercial real estate
Property ID
US38-0624147
1.16 ac lot Built 1945
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Property summary

AI-generated overview

This exceptional property in Gardner, MA presents a unique investment or expansion opportunity. The offering encompasses a substantial 13,294-square-foot church building and a separate 3,780-square-foot detached home, both situated on a generous 1.16-acre lot (50,387 square feet). The church features convenient handicapped access via an elevator lift and boasts a slate roof. The home also features a slate roof. Adding to the practicality of this combined property are two two-car garages, providing ample storage space. The expansive lot offers over 50 parking spaces, a significant advantage for any congregation or business. The property enjoys convenient access to Route 2, enhancing its accessibility and visibility. This versatile property is ideally suited for a variety of uses, from religious organizations seeking to upgrade their facilities to investors looking for a prime development opportunity. The property is being offered as a whole for $1,150,000, but the seller is open to selling the church and home individually. The church is priced at $750,000 if sold separately, and the house at $400,000. A subdivided plot plan is available for review. Don't miss this chance to acquire a substantial and well-located property with significant potential.

Property profile

Verified
Property type Commercial real estate
Year built 1945
Lot 1.16 ac (50,530 SF)
UPID US38-0624147

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

358 Pleasant St Gardner, MA 01440
Gardner metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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