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    Property profile & analytics
    OFF-MARKET Estimated value $640,000
    Office buildings

    500 Main St, Wilmington, MA 01887-3210

    3,942 SF 0.6 ac lot Built 1939
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-1273556
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 500 Main St, Wilmington, MA 01887, presents a unique adaptive reuse or redevelopment opportunity. The 25,490 square foot lot boasts two buildings totaling 3,942 square feet, currently vacant and requiring extensive renovation. The main structure, a two-story building constructed in 1939, previously housed a dental office on the first floor and an apartment above. A separate single-story building was also used as an office space. The property is zoned General Business (GB), offering flexibility for a variety of commercial uses. This presents a chance to capitalize on the property's historic charm and prime location within the Boston MSA. The asking price is $729,000, with an assessed value of $560,100 (2024) and real estate taxes of $14,691 (2024). The property consists of three units, providing versatile leasing options. The sale is "as is, where is." This is an ideal investment for developers seeking a high-potential project in a desirable Massachusetts location. The property's location on Main Street offers excellent visibility and accessibility. The price per square foot is $184.93.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1939
    Total area 3,942 SF
    Lot 0.6 ac (26,136 SF)
    APN WILM M:0041 L:0000 P:0123
    UPID US38-1273556
    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
    • Laser Registered Nurse Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $640k
    Owner & transaction history
    Muney Realty LLC · 1 yrs held
    Muney Realty LLC
    since 2025
    Last sale
    $695,000
    6 recorded transactions
    2025
    $695,000
    2007
    2005
    2005
    $1
    2000
    1996
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.1M +23.2%
    Commercial (general) $1.0M +18.1%
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