Property summary
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
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote central business district uses.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CB · Maynard, MAThe intent of this zone is to promote central business district uses.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this zone is to promote central business district uses.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Maynard, MA.
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Find the owner behind the property.
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