77 Powdermill RdActon, MA 01720

Property Details for 77 Powdermill Rd

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.73 AC

Property size (Sq ft)

16,863 SF

Property type

Office buildings

APN

ACTO M:00J3 B:0050 L:0000

APU

ACTOM00J3B0050L0000

Description

This exceptional retail space, located at 77 Powder Mill Road in Acton, Massachusetts, offers 3,000 square feet of versatile commercial space, currently available for lease. Situated on Route 62, this property benefits from high visibility and convenient access. The space is part of a larger 16,800 square foot building and is ideally positioned at the center entrance, ensuring excellent foot traffic. The building boasts a strong tenant mix, including family-friendly businesses such as Powdermill Animal Hospital, On Your Toes Dance Academy, and 77 Arts Academy, creating a vibrant and thriving neighborhood center. The available space is sub-dividable to 1,800 square feet, offering flexibility for various business needs. Ample parking is provided, with a generous 3.8 parking spaces per 1,000 square feet of building area. The property is located in Middlesex County and presents a unique opportunity for businesses seeking a prominent location in a desirable Acton community. This space is perfect for a variety of retail or office uses and offers a chance to establish a presence in a well-established and successful commercial center. The building's strong tenant base and convenient location make this an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,787,958

  6.5%

  $2,573,499

  7%

  $2,389,678

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,203,320

  Geo Method

  $2,203,320

• Alternative Use

  Use

  Valuation

  Residential

  $3,191,139

  Hospitality

  $2,923,066

  Educational

  $2,431,957

  Medical

  $2,515,596

  Retail

  $3,783,044

Location Insight

City

Acton

County

Middlesex

State

Massachusetts

Latitude

42.441

Longitude

-71.4282

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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