1 Main StWebster, MA 01570

Property Details for 1 Main St

Year built

1938

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.05 AC

Property size (Sq ft)

735 SF

Zone code

GB-4 W

Property type

Office buildings

APN

WEBS M:15 B:G P:80

APU

WEBSM15BGP80

Description

This exceptional commercial property, located at 1 East Main St in Webster, MA, presents a unique opportunity for businesses seeking a high-profile location. Situated on a 0.05-acre lot, this well-maintained building offers 4 rooms, 3 offices, a convenient break area/kitchenette, and a half bath. The property boasts updated flooring, walls, and fixtures, ensuring a modern and functional workspace. Recent improvements include a new rubber roof and updated electrical systems, providing peace of mind for potential owners. The building's prime location on Main Street guarantees exceptional visibility and accessibility. Ample parking is available, and the property is within walking distance of numerous amenities, including the Town Hall, Library, Post Office, Police Station, and a variety of restaurants and shops. This turnkey office space is ideal for a variety of businesses and is available for immediate occupancy. The asking price is $160,000. Don't miss this chance to establish your business in a thriving and highly visible location in the heart of Webster. The property's strategic placement and recent upgrades make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $121,517

  6.5%

  $112,170

  7%

  $104,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $96,035

  Geo Method

  $96,035

• Alternative Use

  Use

  Valuation

  Residential

  $139,091

  Hospitality

  $127,406

  Educational

  $106,001

  Medical

  $109,646

  Retail

  $164,890

Location Insight

City

Webster

County

Worcester

State

Massachusetts

Latitude

42.0545

Longitude

-71.8783

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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