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    Property profile & analytics

    447 Main St Watertown, MA 02472-2241

    • Retail space
    • 3,856 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1661652
    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.

    Current Use by Public Records

    • Mimi's Roast Beef & Seafood / Seafood Restaurant

    Property Details for 447 Main St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    3,856 SF
    Zone code
    LB
    Property type
    Retail space
    APN
    WATE M:0358 B:0001 L:0001
    APU
    WATEM0358B0001L0001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.195
    Latitude
    42.371
    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
    $26,286
    $587,200
    $551,700
    $1,138,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,392 SF

      1084-1088 Belmont St

      RETAIL STORES (PERSONAL SERVICES) • 6,392 SF
      1084-1088 Belmont St, Watertown, MA 02472
      View Details
    • Value Estimation by Request
      5,600 SF

      401 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      401 Main St, Watertown, MA 02472-2240
      View Details
    • Value Estimation by Request
      12,693 SF

      29 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,693 SF
      29 Main St, Watertown, MA 02472
      View Details
    • Value Estimation by Request
      3,047 SF

      473 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,047 SF
      473 Main St, Watertown, MA 02472
      View Details
    • Value Estimation by Request
      3,819 SF

      125 Mt Auburn St, Unit 133

      RETAIL STORES (PERSONAL SERVICES) • 3,819 SF
      125 Mt Auburn St, Watertown, MA 02472-3950
      View Details
    • Value Estimation by Request
      3,542 SF

      635 Mt Auburn St, Unit 641

      RETAIL STORES (PERSONAL SERVICES) • 3,542 SF
      635 Mt Auburn St, Watertown, MA 02472-2017
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,900 SF

      Watertown Retail Space For Rent

      Retail space available in Watertown, near transportation.
      75-85 Main St, Watertown, MA 02472
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    • $33 SF/Yr
      13,695 SF

      Watertown Office Space Available

      Office suites available from 462 to 3,646 square feet.
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      1,300 SF

      Watertown Flex/Office Space Available

      First floor flex/office space in prime Watertown location.
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      740 SF

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      19,067 SF

      Watertown Industrial Space Available

      Industrial property available for rent in Watertown, Massachusetts.
      40 Green River Way, Watertown, MA 02472
      View Details

    Property Visit Statistics

    • Visits by month
      28.8k
    • Visitors by month
      10.5k
    • Avg Time on site
      15 min
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    447 Main St
    Watertown, MA 02472-2241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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