35 Main StSturbridge, MA 01566

Property Details for 35 Main St

Year built

2003

Construction

FRAME

Lot size

0.64 AC

Property size (Sq ft)

1,518 SF

Property type

Investment properties

Property subtype

Live-work space

APN

STUR M:415 B:000 L:3913-035

APU

STURM415B000L3913035

Description

This exceptional 477-square-foot warehouse unit, located at 35 Main Street in Sturbridge, Massachusetts, presents a fantastic opportunity for a variety of businesses. Situated on a one-acre lot, this single-tenant property boasts a desirable location in a thriving commercial area with high visibility. Built in 2003, the two-story building features ample off-street parking with 22 spaces. The interior is exceptionally well-maintained and offers two offices, a spacious waiting room, and a private half-bath. Benefit from abundant natural light, central air conditioning, and signage opportunities. The property is zoned commercial and offers convenient handicap access. The building's Main Street frontage (Route 131) provides excellent exposure to a high traffic volume of 13,600 vehicles per day. This location draws customers from Sturbridge and Southbridge, with proximity to UMASS Harrington Hospital and major roadways including Routes 49, 20, 131, 148, I-84, and I-90, ensuring easy access throughout Central New England. The area is home to a strong mix of established retailers such as Stop & Shop, Michaels, and Walmart, creating a vibrant and attractive commercial environment. Utilities are the responsibility of the tenant. This property is ideal for a variety of retail or industrial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $250,971

  6.5%

  $231,665

  7%

  $215,118

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,342

  Geo Method

  $198,342

• Alternative Use

  Use

  Valuation

  Residential

  $287,265

  Hospitality

  $263,133

  Educational

  $218,924

  Medical

  $226,453

  Retail

  $340,548

Location Insight

City

Sturbridge

County

Worcester

State

Massachusetts

Latitude

42.0863

Longitude

-72.0591

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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