171 Main StAshland, MA 01721

Property Details for 171 Main St

Year built

1985

Lot size

0.77 AC

Property size (Sq ft)

14,850 SF

Zone code

30

Property type

Office buildings

APN

ASHL M:014.0 B:0063 L:0000.0

APU

ASHLM0140B0063L00000

Description

This exceptional Ashland, MA, office building at 171 Main Street offers multiple executive suites for lease. The building, constructed in 1985, boasts 17,975 square feet across four floors and sits on a 0.77-acre lot. Four suites are available, ranging from 250 to 1,000 contiguous square feet, with a total of 2,499 square feet currently vacant. The building is classified as Class C and provides convenient amenities including 50 parking spaces and one elevator. Each suite is already built-out, minimizing tenant improvement costs, and shared restrooms are conveniently located in the common areas. This property presents a fantastic opportunity for businesses seeking flexible, move-in-ready office space in a desirable location. The minimum leasable space is 250 square feet, ideal for smaller businesses, while larger tenants can lease up to 1,000 contiguous square feet. The building's location in Middlesex County ensures easy access to major transportation routes and local amenities. This is a rare opportunity to secure high-quality office space in a well-maintained building with ample parking. Don't miss out on this chance to establish your business in this thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,455,148

  6.5%

  $2,266,291

  7%

  $2,104,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,940,301

  Geo Method

  $1,940,301

• Alternative Use

  Use

  Valuation

  Residential

  $2,810,201

  Hospitality

  $2,574,129

  Educational

  $2,141,645

  Medical

  $2,215,300

  Retail

  $3,331,448

Location Insight

City

Ashland

County

Middlesex

State

Massachusetts

Latitude

42.2598

Longitude

-71.4654

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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