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Property profile & analytics
OFF-MARKET Estimated value $725,000
Showrooms

54 Main St Sturbridge, MA 01566-1281

9,306 SF 1.08 ac lot Built 1961
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US38-0758467
Property summary
AI-generated overview

This exceptional office space, located in Cedar Court, offers a prime opportunity for businesses seeking flexible and well-maintained accommodations. The property features a total of 9,300 square feet across eight suites within a two-story building situated on one acre of land. Individual suites range from 890 to 1,780 contiguous square feet, ideal for a variety of business needs. The building boasts a desirable location in a thriving commercial area, benefiting from high visibility and convenient access to major roadways including Route 49, Route 20, Route 148, I-84, and I-90, providing excellent connectivity throughout Central New England. The property is well-maintained, both inside and out, and features ample natural light. Each suite includes central air conditioning and signage opportunities. The building's tenant mix is strong, and tenants are responsible only for their utilities. The convenient location offers proximity to a variety of retail establishments, including Stop & Shop, Michaels, Walmart, and many others, drawing from the nearby communities of Sturbridge and Southbridge. This is a Class C building constructed in 1961, zoned for commercial use and situated near the Southbridge town line. The property is also available for sale, with an adjacent 54-acre parcel suitable for various development projects (details available upon request).

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1961
Construction FRAME
Total area 9,306 SF
Lot 1.08 ac (47,045 SF)
APN STUR M:415 B:000 L:3552-054
UPID US38-0758467
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$644k
Blend (final) Blend
$725k
Owner & transaction history
Maple Hill Realty LLC · 9 yrs held
Maple Hill Realty LLC
since 2017
4 recorded transactions
2020
Price N/A
2017
$735,000
1992
Price N/A
1987
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.2M +14.7%
Apartment house (5+ units) $1.1M +9.0%
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