144 Great RdActon, MA 01720

  • Retail properties
  • 4,637 SF
For Sale
$1,500,000 View listing

Property Details for 144 Great Rd

Year built
1800
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
4,637 SF
Property type
Retail properties
APN
ACTO M:00F4 B:0035 L:0002
APU
ACTOM00F4B0035L0002

Description

This exceptional mixed-use property at 144 Great Road in Acton, Massachusetts presents a unique investment opportunity for owner-users. The 5,637 square foot building, situated on a 1.41-acre lot, is a two-story Class B structure with excellent visibility and prime frontage in Acton's most vibrant commercial area. Currently zoned for Limited Business use, the property offers a versatile space ideal for a variety of uses, including retail, office, or showroom space. The building's historic character adds significant charm and appeal, while its functional layout provides ample space for both business operations and client interaction. A stunning outdoor patio provides an additional amenity, perfect for hosting clients or employee events. The asking price is $1,500,000, translating to $266.10 per square foot. This single-building, single-unit property represents a rare chance to acquire a prominent commercial space in a desirable Massachusetts location. The property's location in Middlesex County, with a zip code of 01720, ensures easy access to major transportation routes and a thriving local community. Don't miss this chance to own a piece of Acton's history and vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $877,172
    6.5%
    $809,697
    7%
    $751,862
  • Comparable approach

    Method
    Valuation
    Relative Method
    $630,105
    Geo Method
    $630,105
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,578,990
    Mixed-Use / Specialty
    $806,811
    Hospitality / Lodging
    $591,931
    Office
    $802,018
    Institutional / Educational
    $838,758
    Residential Income
    $981,347
    Multifamily
    $1,176,970
    Automotive / Energy
    $718,936
    Parking / Income-Based Land
    $248,096
    Restaurant / Food Service
    $419,629
    Healthcare / Senior Housing
    $827,369

Location Insight

City
Acton
County
Middlesex
State
Massachusetts
Latitude
42.483
Longitude
-71.4161
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
$17,830
$407,900
$661,700
$1,069,600
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-
-
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FAQs

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