36 Nason St Maynard, MA 01754-2502
- Retail space
- 11,572 SF
- 0.24 lot acres
Current Use by Public Records
- Studio Twenty Six / Architect
- advanced technical solutions / Computer Service
Property Details for 36 Nason St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 11,572 SF
- Zone code
- CB
- Property type
- Retail space
- APN
- MAYN M:014.0 P:152.0
- APU
- MAYNM0140P1520
Description
This exceptional commercial property, located at 36 Nason Street in Maynard, Massachusetts, presents a unique investment opportunity. Situated on a 0.18-acre lot in Maynard's burgeoning downtown area, this property benefits from a highly visible location with significant foot traffic and excellent exposure. The building is zoned within a business overlay district, allowing for a wide variety of permitted uses, providing flexibility for potential buyers. This versatility makes it ideal for a range of businesses seeking a prominent presence in a rapidly growing community. The strategic location within the expanding downtown core ensures strong potential for future appreciation and increased rental income. The property's high visibility and prime location make it an attractive prospect for businesses seeking to establish or expand their operations in a vibrant and accessible area. The substantial size of the lot offers ample space for potential expansion or outdoor amenities, further enhancing its value and appeal. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Massachusetts town, offering significant upside potential for savvy investors. The asking price is $1,450,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $510,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $545,000
- Retail
- $495,000
- Mixed-Use
- $560,000
- Hospitality
- $560,000
- Educational
- $640,000
- Residential Income
- $635,000
- Energy
- $495,000
- Income-Based Land
- $475,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Maynard
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4537
- Latitude
- 42.4331
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA