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Property profile

559 Main St - Rt. 20 Sturbridge, MA 01566

FOR LEASE
Other retail properties
Property ID
US38-1845655
46,729 SF 1.39 ac lot Built 1830
Last sale Aug 2007 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This renovated mill building provides configured space for office or retail use, with views of the river. The property includes an elevator, loading dock access, and on-site amenities such as trash removal and provisions for signage. Utilities are separated such that occupants are responsible for electricity and oil heat. The available interior space is arranged with an open floor plan, natural light, and a vinyl plank flooring installation. It is situated in a commercial district with existing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$1.65M
Assessed land$160k
Assessed improvement$1.49M
Effective rate1.65%

Value estimate

· Oct 2026
$2.02M
$1.81M – $2.22M
Submarket $/SF estimate$2.09M
NOI build-up
Gross scheduled income$7k
Vacancy & credit loss−$394
Operating expenses−$2k
NOI · 296.69% cap applied$5k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$157/SF
County average, outlier-cleaned · 292 recorded sales of this use type
Observed band · Q1–Q3$70 – $254

Cap rate analysis

How does the asset earn?
296.69%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSTURBRIDGE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.4
Realty agency10.8
Auto Repair Shop10.8

Location

559 Main St, Unit - Rt. 20 Sturbridge, MA 01566
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
494 Main, Sturbridge, MA 01518 $350,000 Jul 2025 2,480 SF
531 Main, Sturbridge, MA 01518-1208 $250,000 May 2024 2,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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