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    FOR SALE
    Retail space

    95 Commonwealth Ave, Concord, MA 01742

    3,705 SF 0.09 ac lot Built 1900
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US38-0311469
    Property summary
    AI-generated overview

    This exceptional retail storefront opportunity is located in the thriving West Concord Village, offering 2,500 square feet of immediately available space within a larger 6,800 square foot building. Situated in a vibrant downtown area, this Class B property enjoys high visibility and foot traffic, making it ideal for a variety of retail businesses. The building features three stories and is conveniently located within walking distance of the MBTA Commuter Rail station, ensuring excellent accessibility for both employees and customers. The property sits on a 0.09-acre lot and includes three parking spaces. While the building itself does not offer elevator access, the ground floor storefront location provides easy street-level access. This single-tenant space presents a unique chance to establish a strong retail presence in a highly desirable and well-connected location. The property's prime location and ample space make it an attractive investment for businesses seeking a thriving retail environment in West Concord. The existing building is a single structure, offering a cohesive and manageable space for a tenant. The available space is part of a larger building, providing potential for future expansion or synergy with other businesses within the same complex. This is a rare opportunity to secure a prominent retail space in a sought-after location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Construction FRAME
    Total area 3,705 SF
    Lot 0.09 ac (4,062 SF)
    Zoning code L
    APN CONC M:9D B:2214
    UPID US38-0311469
    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
    $1.82M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.73M
    Owner & transaction history
    Healy Commercial LLC · 4 yrs held
    Healy Commercial LLC
    since 2021
    Last sale
    $1.6M
    3 recorded transactions
    2021
    $1.6M
    2013
    1998
    $500,000
    Zoning & alternative use
    L · Concord, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.5M +47.5%
    Auto repair, garage $1.0M +4.4%
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    More about this property
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