54 Main St, Sturbridge, MA 01566-1281
- Showrooms
- 9,306 SF
- 1.08 lot acres
Current Use by Public Records
- Showrooms
Property Details for 54 Main St
- Year built
- 1961
- Construction
- FRAME
- Lot size
- 1.08 lot acres
- Property type
- Showrooms
- APN
- STUR M:415 B:000 L:3552-054
- APU
- STURM415B000L3552054
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 13, 2020 | — | Maple Hill Realty LLC | — | Deed · related | $500k · Fidelity Cooperative Bank |
| Mar 24, 2017 | $735,000 | Maple Hill Realty LLC | Cedar Court LLC | Quit Claim Arm's Length For Ne States | $588k · Fidelity Cooperative Bank |
| Dec 11, 1992 | — | Stepyen Warner | — | Deed Of Trust · related | $43k · Mechanics Bank |
| Sep 18, 1987 | — | Stephen M Warner | — | Deed Of Trust · related | $661k · Mechanics Bank |
Description
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).
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $644,000
- AI Estimate
- $670,000
Market price range: $590k - $1.59MMarket price range: $410k - $1.63M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,025,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,175,000 Change: +15% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,115,000 Change: +9% Conversion: Moderate
- WAREHOUSE, STORAGE
- $935,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sturbridge
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.0611
- Latitude
- 42.0879
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
