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Financial
Distress signals
Property profile

609 Main St Leominster, MA 01453

FOR LEASE
Other retail properties
Property ID
US38-0323732
15,353 SF 1.79 ac lot Built 1920
Last sale Jul 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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609 Main St, Leominster, MA 01453 For Lease
Contact for pricing
609 Main St, Leominster, MA 01453
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Property summary

AI-generated overview

The property is a 1.79-acre parcel located at 609 Main Street in Leominster, Massachusetts, with approximately 183 feet of frontage along Main Street. It is configured as land suitable for retail and/or mixed-use development, with access and visibility derived from its position on a main roadway. The site is located less than a mile from Route 2 and is described as experiencing high levels of vehicle and pedestrian activity based on its traffic count and surrounding area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$703k
Assessed land$537k
Assessed improvement$165k
Effective rate1.45%

Value estimate

· Oct 2026
$370k
$333k – $407k
Submarket $/SF estimate$608k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionLEOMINSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.8
Realty agency9.8
HVAC Service9.8

Location

609 Main St Leominster, MA 01453
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
865 Merriam, Leominster, MA 01453-1230 $5,459,575 Jul 2024 28,237 SF
107 Un, Leominster, MA 01453-4152 $380,000 Aug 2023 19,098 SF
236 Lancaster, Leominster, MA 01453-4326 $800,000 May 2023 15,032 SF
814 Main, Leominster, MA 01453-1400 $375,000 Jan 2023 9,795 SF
35 Central, Leominster, MA 01453-5716 $10,000,000 Sep 2022 14,742 SF
1123 Central, Leominster, MA 01453-4960 $3,350,000 Feb 2022 12,905 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

Comparable nearby

  • Value Estimation
    $2,030,000
    14,582 SF
    2 Jungle Rd
    SHOW ROOM, WAREHOUSE
    2 Jungle Rd, Leominster, MA 01453-5208
    View Details
  • Value Estimation
    $825,000
    18,234 SF
    1 Main St
    FINANCIAL BUILDING
    1 Main St, Leominster, MA 01453-5552
    View Details
  • Value Estimation
    $3,845,000
    19,120 SF
    235 New Lancaster Rd
    DEPARTMENT STORE
    235 New Lancaster Rd, Leominster, MA 01453-4958
    View Details
  • Value Estimation
    $1,665,000
    11,686 SF
    105 Erdman Way
    SHOW ROOM, WAREHOUSE
    105 Erdman Way, Leominster, MA 01453-1852
    View Details
  • Value Estimation
    $360,000
    9,795 SF
    814 Main St
    RETAIL STORES (PERSONAL SERVICES)
    814 Main St, Leominster, MA 01453-1400
    View Details
  • Value Estimation
    $380,000
    7,392 SF
    49 Pleasant St
    RETAIL STORES (PERSONAL SERVICES)
    49 Pleasant St, Leominster, MA 01453-5989
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    40,000 sqft
    Grocery-Anchored Shopping Center Retail Space
    Retail space available in a regionally located shopping center.
    975 Merriam Avenue, Leominster, MA 01453
    View Details
  • New
    Contact for pricing
    46,162 sqft
    Updated Retail Loading Retail
    For-lease retail space featuring new storefront, loading docks, HVAC, and a grease tank for food service operations.
    489 Main St, Leominster, MA 01453
    View Details
  • New
    Contact for pricing
    62,000 sqft
    Shopping Center Side Flex Space
    Leominster grocery-anchored center offers a side suite with a roll-up door for shop, storage, or alternative retail.
    112-118 Lancaster Street, Leominster, MA 01453
    View Details
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