207 Main StMarlborough, MA 01752

  • Industrial properties
  • 0.98 AC
For Sale
$2,200,000 View listing

Property Details for 207 Main St

Lot size
0.98 AC
Property type
Industrial properties
Property subtype
Industrial live-work properties
APN
MARL M:058 B:095 L:000
APU
MARLM058B095L000

Description

This exceptional investment opportunity presents a multi-building industrial complex ideally situated in Marlborough, Massachusetts, at 207 East Main Street, zip code 01752. The property encompasses a total of 0.98 acres and features three buildings. The primary structure, built in 1996, boasts 11,694 square feet of light industrial space, perfect for manufacturing, a machine shop, or flexible use. Its features include aluminum siding, a gable/hip roof with asphalt covering, concrete flooring, gas heating, and two stories. A second building, constructed in 1960, offers 3,002 square feet and is currently fully occupied by tenants. A third building provides an additional 2,000 square feet, along with four bedrooms and one and a half bathrooms. The entire complex benefits from convenient access to Route 20, town water, and sewer services. The asking price for this prime industrial property is $2,200,000. This is a rare chance to acquire a well-located, multi-building industrial complex with significant potential for growth and income generation. All buildings are zoned for light industrial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,739,535
    6.5%
    $8,067,264
    7%
    $7,491,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,633,555
    Geo Method
    $8,633,555
  • Alternative Use

    Use
    Valuation
    Residential
    $8,067,264
    Hospitality
    $7,389,570
    Educational
    $6,148,036
    Medical
    $6,359,476
    Retail
    $9,563,611

Location Insight

City
Marlborough
County
Middlesex
State
Massachusetts
Latitude
42.3501
Longitude
-71.5364
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
-
$292,900
$794,800
$1,087,700
-
-
-
-

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