995 Main StClinton, MA 01510

Property Details for 995 Main St

Year built

1950

Construction

FRAME

Lot size

0.64 AC

Property size (Sq ft)

2,944 SF

Property type

Turn key restaurants

APN

CLIN M:0024 B:444 L:0000

APU

CLINM0024B444L0000

Description

This exceptional 0.64-acre commercial lot presents a unique investment opportunity in the thriving town of Clinton, Massachusetts. Located at 995 Main Street, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial developments, making it an ideal choice for entrepreneurs and investors seeking to establish a strong presence in a growing market. The property's size and location provide ample space for a substantial building project, allowing for creative design and efficient use of space. Its strategic position on Main Street ensures high traffic volume and exposure to a large customer base, maximizing the potential for business success. The absence of existing structures on the land provides a blank canvas for a custom-designed development, tailored to specific business needs and preferences. This presents a rare chance to create a landmark commercial property in a vibrant community. The asking price of $1,200,000 reflects the significant value and potential of this prime commercial land parcel. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment opportunity. All interested parties are advised to conduct their own due diligence. The property is being sold "as is."

• CAP approach

  CAP return

  Valuation

  6%

  $715,495

  6.5%

  $660,457

  7%

  $613,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $969,351

  Geo Method

  $969,351

• Alternative Use

  Use

  Valuation

  Residential

  $557,120

  Hospitality

  $510,319

  Educational

  $424,579

  Medical

  $439,181

  Retail

  $660,457

Location Insight

City

Clinton

County

Worcester

State

Massachusetts

Latitude

42.4308

Longitude

-71.6872

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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