20 Main StSherborn, MA 01770

Property Details for 20 Main St

Lot size

1.13 AC

Zone code

RA

Property type

Specialty properties

APN

SHER M:0012 B:0000 L:56C

APU

SHERM0012B0000L56C

Description

This exceptional 14,400 square foot executive office building, located at 20 N Main St in Sherborn, MA, is offered for sale at $5,100,000. Built in 1984 by Timberpeg, this custom-designed post and beam structure sits on a 2.197-acre lot in the heart of downtown, directly off Route 27. The property features a flexible multi-tenant layout, currently generating $14,292 in monthly income ($171,504 annually) with tenants at will (TAW) leases, allowing for easy conversion to single occupancy or continued multi-tenant use. The building boasts 50 parking spaces and is zoned for business use. Utilities include a private septic system and well. Heating and cooling are provided by wall-mounted PTAC units. Property taxes for FY 2023 were $28,151. This presents a unique opportunity to acquire a well-maintained, versatile office complex in a desirable Massachusetts location. The open layout offers significant adaptability for various business needs, while the existing income stream provides immediate return on investment. The property's prime location and ample parking further enhance its appeal. This is a rare opportunity to own a distinctive and functional commercial property in the thriving Sherborn market.

• Alternative Use

  Use

  Valuation

  Residential

  $9,314,917

  Hospitality

  $8,532,414

  Educational

  $7,098,868

  Medical

  $7,343,009

  Retail

  $11,042,684

Location Insight

City

Sherborn

County

Middlesex

State

Massachusetts

Latitude

42.2268

Longitude

-71.3662

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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