98 Canal StBlackstone, MA 01504
- Investment properties
- 12,636 SF
Property Details for 98 Canal St
- Year built
- 1850
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 12,636 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- BLAC M:0008 B:0000 L:41
- APU
- BLACM0008B0000L41
Description
Discover a fantastic leasing opportunity at 98 Canal Street in Blackstone, Massachusetts. This mixed-use building offers 12,702 square feet of space, with three available suites on the ground floor, ideal for a variety of retail uses. The suites range in size from approximately 700 square feet to 1,600 square feet, providing flexibility for different business needs. One suite offers approximately 1,300 square feet, another is approximately 1,600 square feet, and there's also approximately 700 square feet of shell space available, perfect for storage or a private office. The building's location in Worcester County makes it easily accessible. While the building also features seven residential units on the second floor, this listing focuses solely on the three available commercial suites on the ground level. The property is well-suited for a local retailer, barber/salon, coffee shop/cafe, or private workout studio. The adaptable space allows for customization to meet your specific business requirements. Contact us today to learn more about this exceptional retail opportunity in a thriving community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,089,108
- 6.5%
- $1,928,408
- 7%
- $1,790,664
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,651,020
- Geo Method
- $1,651,020
-
Alternative Use
- Use
- Valuation
- Residential
- $2,391,226
- Hospitality
- $2,190,350
- Educational
- $1,822,345
- Medical
- $1,885,018
- Retail
- $2,834,759
Location Insight
- City
- Blackstone
- County
- Worcester
- State
- Massachusetts
- Latitude
- 42.0172
- Longitude
- -71.5392
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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