467 Main St Wilbraham, MA 01095-1662
- Warehouses
- 1,296 SF
- 0.21 lot acres
Current Use by Public Records
- Purr-Fect Auto Services / Auto Repair Shop / Diesel Engine Repair Service
Property Details for 467 Main St
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 1,296 SF
- Zone code
- NS
- Property type
- Warehouses
- APN
- WILB M:7000 B:330 L:2767
- APU
- WILBM7000B330L2767
Description
This exceptional 0.21-acre property at 467 Main Street in Wilbraham, MA, presents a rare opportunity to acquire an established and profitable business. The property features a well-maintained two-bay garage ideal for automotive and small engine repair, complemented by a small office and waiting area for customer convenience. Four active gas pumps, equipped with double-walled tanks, ensure efficient fueling operations. The business currently offers full-service fueling and a reputable automotive repair service. The high-visibility corner lot location on busy Main Street provides excellent exposure and accessibility. Its strategic position, approximately two miles from US Route 20 and in the heart of Wilbraham, benefits from high traffic volume and proximity to key amenities. The property's advantageous location is further enhanced by its adjacency to the Wilbraham & Monson Academy and its direct proximity to a new residential and commercial development, including a brewery, ensuring a consistent flow of potential customers. The asking price is $800,000. This turnkey operation offers significant potential for continued growth and expansion, making it an attractive investment for discerning buyers seeking a profitable venture in a thriving community. The property's versatility allows for various usage possibilities, making it an ideal acquisition for both established businesses and entrepreneurs seeking a prime location. The existing infrastructure and established clientele provide a solid foundation for immediate success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $285,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $260,000
- Mixed-Use
- $325,000
- Hospitality
- $355,000
- Educational
- $330,000
- Residential Income
- $305,000
- Energy
- $280,000
- Income-Based Land
- $305,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Wilbraham
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.4317
- Latitude
- 42.1221
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
