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Property profile & analytics
OFF-MARKET Estimated value $2,015,000
Retail properties & Spaces

559 Main St Sturbridge, MA 01518-1208

46,729 SF 1.39 ac lot Built 1830
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US38-1845655
Property summary
AI-generated overview

This exceptional commercial property at 559 Main Street, Route 20, Sturbridge, MA 01566, offers 4,180 square feet of versatile space in a prime location. The building, constructed in 1830 and featuring three stories, includes two suites with a minimum divisible space of 900 square feet and a maximum contiguous space of 2,400 square feet. Currently, 3,300 square feet is vacant. Amenities include an elevator, loading dock access, free Wi-Fi, trash removal, and ample signage opportunities. The property boasts a large one-acre lot with off-street parking for over 50 vehicles. A new vinyl plant floor is being installed. The open floor plan features abundant natural light. All utilities are included except electricity. The property benefits from its location in a thriving retail and office area, drawing from Sturbridge and surrounding towns including Southbridge, Charlton, Holland, Brimfield, and Brookfield. Excellent access to major roadways, including Routes 49, 20, 148, I-84, and I-90, ensures convenient access throughout Central New England. The area is home to numerous national retailers such as Stop & Shop, Michaels, UNO Pizzeria & Grill, Staples, Applebee's, Walmart, Petco, Tractor Supply, Planet Fitness, Shaw's, and Ocean State Job Lot. This property is zoned Commercial and is legally conforming. Worcester County location.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1830
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,729 SF
Lot 1.39 ac (60,548 SF)
APN STUR M:415 B:000 L:2431-559
UPID US38-1845655
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
$2.09M
Blend (final) Blend
$2.02M
Owner & transaction history
Stur Market Realty LLC · 18 yrs held
Stur Market Realty LLC
since 2007
4 recorded transactions
2021
Price N/A
2017
Price N/A
2007
$1.9M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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