50 Main St 56 Norton, MA 02766-2713
This exceptional Class A commercial property, located at 50 W. Main St. in Norton, Massachusetts, presents a unique opportunity for a coworking space or similar business. The 12,000 square foot lot, encompassing 0.28 acres, houses a single, one-story building constructed in 1940 and extensively renovated in 2024. The space offers approximately 1,200 square feet of immediately available, sunlit commercial space, perfect for a variety of uses. Recent renovations include two new ADA-compliant bathrooms, reflecting a commitment to modern accessibility. The property boasts a highly desirable Main Street location, ensuring high visibility and significant foot traffic. Its corner lot provides ample parking with seven total spaces. The convenient location is also proximate to colleges, a high school, and downtown Norton. The lease is a NNN lease, meaning the tenant is responsible for their pro-rata share of property taxes, water and sewer, landscaping, snow removal, and insurance. This property is part of a larger commercial plaza currently undergoing complete renovations, ensuring a modern and attractive environment. The building features no elevators. This is an ideal opportunity for businesses seeking a vibrant, well-located, and recently renovated space in a thriving community. The property is zoned for retail, office, and special purpose uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.