Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    50 Main St, Unit 56 Norton, MA 02766-2713

    • Retail space
    • 2,696 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US38-0822225
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 50 Main St

    Year built
    1957
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    2,696 SF
    Property type
    Retail space
    APN
    NORT M:23 P:24
    APU
    NORTM23P24

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $330,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $300,000
      Mixed-Use
      $330,000
      Hospitality
      $345,000
      Educational
      $310,000
      Residential Income
      $340,000
      Energy
      $395,000
      Income-Based Land
      $310,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Norton
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1906
    Latitude
    41.9643
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,520
    $167,600
    $159,000
    $326,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      3,596 SF

      242 Mansfield Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,596 SF
      242 Mansfield Ave, Norton, MA 02766-1306
      View Details
    • Value Estimation
      $230,000
      4,170 SF

      376 Old Colony Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,170 SF
      376 Old Colony Rd, Norton, MA 02766-2021
      View Details
    • Value Estimation
      $80,000
      4,816 SF

      4 Olympia St

      RETAIL STORES (PERSONAL SERVICES) • 4,816 SF
      4 Olympia St, Norton, MA 02766-1205
      View Details
    • Value Estimation
      $285,000
      1,380 SF

      401 Old Colony Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      401 Old Colony Rd, Norton, MA 02766-2015
      View Details
    • Value Estimation by Request
      9,036 SF

      246 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,036 SF
      246 Main St, Norton, MA 02766-2446
      View Details
    • Value Estimation
      $265,000
      3,200 SF

      421 Old Colony Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      421 Old Colony Rd, Norton, MA 02766-2015
      View Details

    Similar Nearby for Sale

    • $3,500,000
      31,667 SF

      Retail Buildings on Busy Street

      Two buildings for sale with existing tenants and vacancy.
      33-35 W Main St, Norton, MA 02766
      View Details
    • Contact for pricing
      2,433 SF

      Retail Property with Drive-Thru

      2,433 SF retail property with drive-thru, Route 140 visibility.
      172 Mansfield Ave, Norton, MA 02766
      View Details
    • $1,500,000
      8.31 Acres

      8.31 Acres Industrial Land, Taunton, MA

      Prime Industrial Land near 495. Cleared lot, buildable.
      0 Washington St, Taunton, MA 02766
      View Details
    • $1,300,000

      Mixed-Use Commercial Asset For Sale

      Versatile 7,387 SF mixed-use property near Norton/Attleboro line.
      407-411 Old Colony Rd, Norton, MA 02766
      View Details
    • $219,900

      12+ Acres of Wooded Land

      Over 12 acres of agricultural land, conveniently located.
      Leonard St, Norton, MA 02766
      View Details
    • $550,000

      Remodeled Two-Family Home in Norton

      Two-unit property in Norton, ideal for owners or investors.
      378 Old Colony Rd, Norton, MA 02766
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      2,000 SF

      Retail Endcap Unit For Lease

      Endcap retail unit in high-traffic area, convenient location.
      246 E Main St, Norton, MA 02766
      View Details
    • $1,200 /Mo

      Commercial/Office Space for Lease

      Prime commercial/office space with high visibility and modern finishes.
      56 W Main St, Norton, MA 02766
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in Norton, Massachusetts.
      Norton Ma Usa, Norton, MA 02766
      View Details
    • $1,700 /Mo

      Renovated Retail Space on Main

      744 SF renovated retail space in Norton, MA.
      50 W Main St, Norton, MA 02766
      View Details
    • $8 SF/Yr
      4,300 SF

      Retail Space in Norton, MA

      Freestanding retail building with spaces available for immediate occupation.
      33 W Main St, Norton, MA 02766
      View Details
    • Contact for pricing
      78,788 SF

      Greatwoods Marketplace Retail Space

      Norton, MA Shopping Center - 78,788 SF
      175 Mansfield Ave, Norton, MA 02766
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 Main St, Unit 56
    Norton, MA 02766-2713
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.