640 Bolton StMarlborough, MA 01752

  • Showrooms
  • 4,317 SF
For Lease

Property Details for 640 Bolton St

Year built
1960
Construction
FRAME
Lot size
1.00 AC
Property size (Sq ft)
4,317 SF
Property type
Showrooms
APN
MARL M:017 B:010 L:000
APU
MARLM017B010L000

Description

This ±1,100 square foot medical office space is available for lease at 640 Bolton Street in Marlborough, Massachusetts. Located in a ±8,857 square foot, single-story Class C building constructed in 1960, this property offers abundant parking. The space features a built-out layout including a reception desk, waiting room, five private offices, a kitchenette, and two bathrooms. Convenient basement storage is also included. Importantly, the property is equipped with on-site plumbing suitable for medical use, making it an ideal location for medical practices. The building is situated in Middlesex County, MA, with the precise address being 640 Bolton St, Marlborough, MA 01752. This single-tenant space presents a unique opportunity for a medical professional seeking a well-appointed and functional office environment in a convenient location. The property is ready for immediate occupancy. The property type is classified as Office, with a subtype of Medical Office.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,049,182
    6.5%
    $968,475
    7%
    $899,299
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,421,429
    Geo Method
    $1,421,429
  • Alternative Use

    Use
    Valuation
    Residential
    $816,945
    Hospitality
    $748,317
    Educational
    $622,591
    Medical
    $644,003
    Retail
    $968,475
640 Bolton St, Marlborough, Massachusetts

Location Insight

City
Marlborough
County
Middlesex
State
Massachusetts
Latitude
42.3658
Longitude
-71.5591
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
$13,104
$252,500
$489,500
$742,000
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