322 Maple StMarlborough, MA 01752

  • Banks
  • 2,772 SF
For Lease

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
322 Maple St, Marlborough, Massachusetts

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

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
$18,027
$264,700
$756,100
$1,020,800
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-
-
-

FAQs

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