526 Main StActon, MA 01720

  • Office buildings
  • 33,022 SF
For Lease
$15/SF/YR View listing

Property Details for 526 Main St

Year built
1978
Construction
STEEL FRAME
Lot size
4.63 AC
Property size (Sq ft)
33,022 SF
Property type
Office buildings
APN
ACTO M:00E4 B:0046 L:0000
APU
ACTOM00E4B0046L0000

Description

This exceptional three-story office building, located at 526 Main Street in Acton, Massachusetts, offers 36,000 square feet of versatile space ideal for executive or creative office uses. The property, situated on 5.3 acres of meticulously landscaped grounds, boasts nine total suites, with three currently available, ranging from 2,397 to 3,649 contiguous square feet. A total of 9,249 square feet is currently vacant. The building features a 12-foot ceiling height and ample parking with 160 spaces. Built in 1978, this Class B property benefits from its strategic location in Acton Center, providing convenient access to Routes 2, 27, and 495, as well as the Fitchburg/Acton commuter rail (six minutes away). The surrounding area offers a wealth of amenities, including retail centers, restaurants, banks, and other essential services. The property's LI-1, Acton zoning and Middlesex County location further enhance its appeal. The APN is ACTO-000004E-000046. This is a rare opportunity to secure high-quality office space in a thriving Massachusetts community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,459,523
    6.5%
    $5,039,560
    7%
    $4,679,591
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,314,654
    Geo Method
    $4,314,654
  • Alternative Use

    Use
    Valuation
    Residential
    $6,249,054
    Hospitality
    $5,724,100
    Educational
    $4,762,384
    Medical
    $4,926,170
    Retail
    $7,408,152

Location Insight

City
Acton
County
Middlesex
State
Massachusetts
Latitude
42.4909
Longitude
-71.4277
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
$49,320
$1,874,800
$1,083,800
$2,958,600
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