For Sale
$5,100,000

20 Main St Sherborn, MA 01770

14,400 SF Office Complex, $5.1M

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 14,400 square foot executive office building, located at 20 N Main St in Sherborn, MA, is offered for sale at $5,100,000. Built in 1984 by Timberpeg, this custom-designed post and beam structure sits on a 2.197-acre lot in the heart of downtown, directly off Route 27. The property features a flexible multi-tenant layout, currently generating $14,292 in monthly income ($171,504 annually) with tenants at will (TAW) leases, allowing for easy conversion to single occupancy or continued multi-tenant use. The building boasts 50 parking spaces and is zoned for business use. Utilities include a private septic system and well. Heating and cooling are provided by wall-mounted PTAC units. Property taxes for FY 2023 were $28,151. This presents a unique opportunity to acquire a well-maintained, versatile office complex in a desirable Massachusetts location. The open layout offers significant adaptability for various business needs, while the existing income stream provides immediate return on investment. The property's prime location and ample parking further enhance its appeal. This is a rare opportunity to own a distinctive and functional commercial property in the thriving Sherborn market.

Highlights

  • Wood frame post and beam construction.
  • Private well and septic system.
  • Wall-mounted PTAC HVAC units.
  • Annual net operating income (NOI) of $171,504, with monthly income of $14,292.
  • Tenants at will (TAW).
  • FY 2023 property taxes: $28,151.

Property Details for 20 Main St

Property type
Office properties
Square Feet
14,400 SF
Year Built
1984
Lot Size (sq. ft)
95,701 SF

Location Insight

City
Sherborn
County
Middlesex
State
Massachusetts
Latitude
42.226771
Longitude
-71.366223
20 Main St, Sherborn, Massachusetts

FAQs

What type of property is this?
Office property - 14,400 SF Office Complex, $5.1M
Where is the office property located?
The property is located at 20 Main St Sherborn, MA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Wood frame post and beam construction.; Private well and septic system.; Wall-mounted PTAC HVAC units.
How can I contact the broker?
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20 Main St
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