697 Main StHolden, MA 01520

  • Office buildings
  • 5,888 SF
For Lease

Property Details for 697 Main St

Year built
1960
Construction
FRAME
Lot size
0.53 AC
Property size (Sq ft)
5,888 SF
Zone code
C
Property type
Office buildings
APN
HOLD M:187 B:69
APU
HOLDM187B69

Description

This exceptional mixed-use property, located at 697 Main Street in Holden, Massachusetts, presents a unique opportunity for businesses seeking a prominent presence in a high-traffic area. The building, totaling 7,500 square feet, is situated on a 0.53-acre lot and features two stories. Currently, there is 900 square feet of vacant space available for lease within the building's single suite. The property's classification includes both retail and office space, making it suitable for a variety of uses. The available space is ideal for an executive office, offering a high-visibility location with ample parking. The building's design allows for excellent signage opportunities, either on the building's façade or a street-side pylon. The property is in Worcester County, Massachusetts, and has a convenient zip code of 01520. While the building currently has one suite, additional office space is available on the second floor, comprising approximately 450 and 1,000 square feet. The smaller space includes two private offices and a waiting area, while the larger space is a single, open area suitable for cubicles. This property offers a blend of convenience, visibility, and functionality, making it an attractive option for businesses seeking a well-located and versatile space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $973,462
    6.5%
    $898,581
    7%
    $834,396
  • Comparable approach

    Method
    Valuation
    Relative Method
    $769,326
    Geo Method
    $769,326
  • Alternative Use

    Use
    Valuation
    Residential
    $1,114,240
    Hospitality
    $1,020,638
    Educational
    $849,159
    Medical
    $878,362
    Retail
    $1,320,913
697 Main St, Holden, Massachusetts

Location Insight

City
Holden
County
Worcester
State
Massachusetts
Latitude
42.3406
Longitude
-71.8399
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
$7,968
$91,300
$471,800
$563,100
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-
-
-

FAQs

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