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    Property profile & analytics
    OFF-MARKET Estimated value $665,000
    Retail space

    49 Riv St, Maynard, MA 01754-1621

    6,044 SF 0.32 ac lot Built 1933
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-1829214
    Property summary
    AI-generated overview

    This exceptional 6,100 square foot commercial building, situated on a 0.32-acre lot at 49 River Street in Maynard, MA, presents a unique investment opportunity. Conveniently located off Main Street, this property boasts a highly desirable central location within the town's vibrant business district. Previously utilized as a laundromat and dry cleaner, the building is being offered with a comprehensive and clean environmental study, ensuring a smooth transition for the new owner. The property's zoning within the Central Business and Downtown Overlay Districts allows for a wide range of potential uses, including retail, business, residential, and other compatible ventures. The building is equipped with essential utilities, including town water and sewer, electricity, and natural gas. Heating is efficiently managed by multiple Modine systems. Ample parking is provided with 10 or more off-street spaces located directly on the property. Convenient access is facilitated by a drive-in door and a loading dock, making this property ideal for a variety of businesses. This is a rare opportunity to acquire a well-situated commercial property in a thriving Massachusetts town, ready for its next chapter. The property's size, location, and versatility make it an attractive prospect for both established businesses and new ventures seeking a strong foothold in the Maynard market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1933
    Construction FRAME
    Total area 6,044 SF
    Lot 0.32 ac (14,026 SF)
    Zoning code CB
    APN MAYN M:014.0 P:176.0
    UPID US38-1829214
    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
    • Nh Lowe Enterprise Inc (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $665k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $422k
    Blend (final) Blend
    $665k
    Owner & transaction history
    Claudia Investment LLC · 2 yrs held
    Claudia Investment LLC
    since 2024
    Last sale
    $665,000
    3 recorded transactions
    2024
    $665,000
    2024
    2007
    $1
    Zoning & alternative use
    CB · Maynard, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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