827 Main StWoburn, MA 01801

Property Details for 827 Main St

Year built

1790

Construction

FRAME

Lot size

1.82 AC

Property size (Sq ft)

5,656 SF

Zone code

O-P

Property type

Office buildings

APN

WOBU M:23 B:03 L:08 U:00

APU

WOBUM23B03L08U00

Description

This exceptional office space, located at 827 Main Street in Woburn, Massachusetts, 01801, presents a unique opportunity for a small business or individual professional. Situated on the first floor of a historic two-story building, this 250-square-foot unit features one room and a convenient storage closet. The space is part of a multi-tenant building offering a shared common foyer/waiting area, ensuring a professional and welcoming atmosphere for clients and visitors. A shared, handicap-accessible restroom is also available for the building's tenants. The property boasts shared on-site daytime parking, adding to its convenience. This prime location sits at the intersection of Route 38 and Route 95/128, providing excellent accessibility and visibility. A significant advantage is that utilities are included in the rental price, minimizing operational costs. While the building offers a traditional office feel, its character also lends itself to a creative office environment. A total of 1,461 square feet is currently vacant within the building. There are no elevators in this building. This is an ideal space for a business seeking a well-located, functional, and cost-effective office solution in a vibrant area.

• CAP approach

  CAP return

  Valuation

  6%

  $935,106

  6.5%

  $863,175

  7%

  $801,519

• Comparable approach

  Method

  Valuation

  Relative Method

  $739,013

  Geo Method

  $739,013

• Alternative Use

  Use

  Valuation

  Residential

  $1,070,336

  Hospitality

  $980,422

  Educational

  $815,700

  Medical

  $843,753

  Retail

  $1,268,867

Location Insight

City

Woburn

County

Middlesex

State

Massachusetts

Latitude

42.5032

Longitude

-71.158

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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