322 Maple StMarlborough, MA 01752
- Banks
- 2,772 SF
Property Details for 322 Maple St
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.85 AC
- Property size (Sq ft)
- 2,772 SF
- Property type
- Banks
- APN
- MARL M:093 B:096 L:000
- APU
- MARLM093B096L000
Description
This exceptional 2,772 square foot Class A retail building, constructed in 2003, is situated on a 0.85-acre lot in Middlesex County, MA. Located at 322 Maple Street (Route 85), this single-tenant property boasts excellent visibility and accessibility, with ample parking for 25 vehicles. Its CA - Commercial Automotive zoning allows for a variety of uses, making it ideal for a range of businesses. Previously occupied by a bank, the building is in above-average condition and is well-suited for continued use as a bank branch, fast-food restaurant, convenience store, or office space. The property benefits from a highly desirable location alongside other national retailers and food service establishments, including a Dunkin' directly adjacent. Its strategic position on Route 85 provides easy access to major roadways, including Route 20 and Route 495, ensuring high traffic volume and excellent exposure. The property offers significant signage opportunities, maximizing brand visibility. This is a rare opportunity to acquire a well-maintained, strategically located retail space in a thriving commercial area. The building is currently vacant and ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $673,693
- 6.5%
- $621,870
- 7%
- $577,451
-
Comparable approach
- Method
- Valuation
- Relative Method
- $912,718
- Geo Method
- $912,718
-
Alternative Use
- Use
- Valuation
- Residential
- $524,571
- Hospitality
- $480,504
- Educational
- $399,774
- Medical
- $413,523
- Retail
- $621,870
Location Insight
- City
- Marlborough
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.3363
- Longitude
- -71.5411
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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