1600 Main StAthol, MA 01331

  • Office buildings
  • 1,086 SF
For Sale
$70,000 View listing

Property Details for 1600 Main St

Year built
1885
Construction
FRAME
Lot size
0.09 AC
Property size (Sq ft)
1,086 SF
Property type
Office buildings
APN
ATHO M:00032 B:00290 L:00000
APU
ATHOM00032B00290L00000

Description

This 70,000 USD Athol, MA property presents a unique opportunity for investors and entrepreneurs. Situated at 1600 Main Street, this office/retail building boasts a prime location with excellent visibility and high traffic counts, ensuring maximum exposure for your business. The building sits on a 0.09-acre lot, offering ample space for potential expansion or outdoor amenities. Currently, the square footage is not specified, allowing for flexibility in your development plans. The property is in need of renovation, presenting a chance to customize the space to perfectly suit your needs and vision. Its strategic location on Main Street in Athol, MA, makes it an ideal investment for those seeking a high-impact commercial property with significant upside potential. The asking price of 70,000 USD makes this an attractive proposition for those looking to capitalize on the revitalization of a key commercial area. This is a blank canvas ready for your entrepreneurial vision, offering a chance to create a thriving business in a high-traffic location. Don't miss this chance to transform this property into a profitable venture. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $179,548
    6.5%
    $165,737
    7%
    $153,898
  • Comparable approach

    Method
    Valuation
    Relative Method
    $141,897
    Geo Method
    $141,897
  • Alternative Use

    Use
    Valuation
    Residential
    $205,514
    Hospitality
    $188,249
    Educational
    $156,621
    Medical
    $162,008
    Retail
    $243,633

Location Insight

City
Athol
County
Worcester
State
Massachusetts
Latitude
42.5888
Longitude
-72.2149
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,220
$55,100
$40,000
$95,100
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FAQs

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