885 MainTewksbury, MA 01876

Off market
$10,018,800 Estimated
  • Turn key restaurants
  • 6,256 SF

Property Details for 885 Main

Year built
1930
Construction
STEEL FRAME
Lot size
1.00 AC
Property size (Sq ft)
6,256 SF
Zone code
IL
Property type
Turn key restaurants
APN
TEWK M:0048 L:0039 U:U0B1
APU
TEWKM0048L0039UU0B1

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,520,426
    6.5%
    $1,403,470
    7%
    $1,303,223
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,059,871
    Geo Method
    $2,059,871
  • Alternative Use

    Use
    Valuation
    Residential
    $1,183,880
    Hospitality
    $1,084,428
    Educational
    $902,231
    Medical
    $933,260
    Retail
    $1,403,470
885 Main, Tewksbury, Massachusetts

Location Insight

City
Tewksbury
County
Middlesex
State
Massachusetts
Latitude
42.6137
Longitude
-71.2399
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
$24,786
-
$982,000
$982,000
-
-
-
-

FAQs

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