Property profile

827 Main St Woburn, MA 01801

FOR LEASE
Office buildings
Property ID
US38-0104065
5,656 SF 1.82 ac lot Built 1790
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office space, located at 827 Main Street in Woburn, Massachusetts, 01801, presents a unique opportunity for a small business or individual professional. Situated on the first floor of a historic two-story building, this 250-square-foot unit features one room and a convenient storage closet. The space is part of a multi-tenant building offering a shared common foyer/waiting area, ensuring a professional and welcoming atmosphere for clients and visitors. A shared, handicap-accessible restroom is also available for the building's tenants. The property boasts shared on-site daytime parking, adding to its convenience. This prime location sits at the intersection of Route 38 and Route 95/128, providing excellent accessibility and visibility. A significant advantage is that utilities are included in the rental price, minimizing operational costs. While the building offers a traditional office feel, its character also lends itself to a creative office environment. A total of 1,461 square feet is currently vacant within the building. There are no elevators in this building. This is an ideal space for a business seeking a well-located, functional, and cost-effective office solution in a vibrant area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1790
Construction FRAME
Total area 5,656 SF
Lot 1.82 ac (79,279 SF)
Zoning code O-P
APN WOBU M:23 B:03 L:08 U:00
UPID US38-0104065

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Tech Support Center IT Consulting Firm
  • Corporate Office
  • Film Production Television Studio
  • Alternative Medicine Practice

Location

827 Main St Woburn, MA 01801
Woburn metro Census 333602 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$615k

Owner & transaction history

since 2014
6 recorded transactions
2021
Price N/A
2014
$750,000
2005
$9.1M
2000
Price N/A
1997
Price N/A
1997
$1.3M

Zoning & alternative use

O-P · Woburn, MA
Zoning description

overlay district superimposed on the existing Office Park (O-P) Zoning District, in certain locations within the City. The overlay district shall permit residential land uses which shall be in addition to the land uses a…

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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