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    OFF-MARKET
    Showrooms

    47 Prospect St, West Boylston, MA 01583-1301

    2,412 SF 0.52 ac lot Built 1846
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-2373437
    Property summary
    AI-generated overview

    This meticulously maintained, 2,412 square foot office building at 47 Prospect Street in West Boylston, MA, presents a unique investment opportunity. Built in 1846, this classic colonial-style structure boasts six private offices, two waiting rooms, a kitchen, and two full and two half bathrooms. Recently updated to enhance both functionality and energy efficiency, the building features new vinyl windows, completed insulation and air sealing, a restored slate roof, fresh exterior paint, and a completely overhauled electrical system. Additional improvements include a commercial-grade dehumidifier, an A/C split unit, and a security alarm system. The property is ADA compliant, featuring a half bathroom, dedicated handicap parking, and a full ramp entrance, all implemented in 2010. Situated on a 0.52-acre lot, it offers ample off-street parking for twelve vehicles. Currently operating as a successful private counseling practice, this versatile property is zoned for business use, allowing for flexibility in its future applications, including home occupations or residential conversion. Located within ten miles of Worcester, Shrewsbury, Boylston, and Holden, this property offers convenient access to major roadways and a thriving regional economy. The asking price is $599,900. The property is also available for sale as a single-family home under a separate MLS listing. The first-floor bathroom meets 2010 ADA standards. The Business (BUS) zoning provides considerable flexibility for the next owner.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1846
    Construction FRAME
    Total area 2,412 SF
    Lot 0.52 ac (22,651 SF)
    APN WBOY M:0143 B:0106 L:0000
    UPID US38-2373437
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Grnmn Holdings LLC · 1 yrs held
    Grnmn Holdings LLC
    since 2025
    Last sale
    $575,900
    7 recorded transactions
    2025
    $575,900
    2010
    $339,900
    2005
    $435,500
    2005
    2004
    1997
    1987
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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