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    Property profile & analytics
    OFF-MARKET Estimated value $1,885,000
    Super regional malls

    44 Main St, Wayland, MA 01778-5056

    10,160 SF 0.99 ac lot Built 1997
    Entity Owned 29-yr Hold Free & Clear
    Property ID
    US38-0815427
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot retail space, located at 44 Main Street in Wayland, Massachusetts, presents a unique investment opportunity. The property, known as Cochituate Commons, is a multi-tenant strip center offering ample space for a variety of retail businesses. Currently, the entire 3,000 square feet is available for lease, providing a blank canvas for a new tenant to establish their presence in this thriving community. The property boasts excellent visibility and accessibility from Main Street, ensuring high foot traffic and brand recognition. With 83 parking spaces readily available, customers will find convenient parking, enhancing the overall shopping experience. Situated in Middlesex County, this location benefits from a strong local economy and a dense residential population, providing a robust customer base. The property's prime location and substantial square footage make it an ideal space for a variety of retail concepts. This is a rare opportunity to secure a prominent retail space in a desirable Massachusetts town. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1997
    Construction FRAME
    Total area 10,160 SF
    Lot 0.99 ac (43,124 SF)
    Zoning code BUSA
    APN WAYL M:51D L:024
    UPID US38-0815427
    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
    • Starbucks Cafe & Coffee Shop
    • Fitness Together Gym & Fitness Center
    • Einstein Bros. Bagels Cafe & Coffee Shop
    • Mattucci Heating & Air Conditioning Hardware & Home Improvement General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.89M
    Owner & transaction history
    Cochituate Commons LLC · 29 yrs held
    Cochituate Commons LLC
    since 1997
    1 recorded transaction
    1997
    $815,000
    Zoning & alternative use
    BUSA · Wayland, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.0M +4.8%
    Auto repair, garage $2.9M +1.6%
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