1342 Main StWalpole, MA 02081

Property Details for 1342 Main St

Year built

1920

Construction

FRAME

Lot size

0.30 AC

Property size (Sq ft)

1,985 SF

Property type

Showrooms

APN

WALP M:00041 B:00148 L:00000

APU

WALPM00041B00148L00000

Description

This exceptional 1,985+ square foot commercial property at 1342 Main Street, Walpole, MA, is offered at $699,000. Situated on a 0.3-acre lot, this building enjoys a highly visible location ideal for attracting customers. Major renovations and upgrades have been completed within the last 12 years, ensuring a modern and well-maintained space. The property features two ADA-compliant bathrooms and a handicap-accessible ramp, promoting inclusivity and accessibility. The versatile layout is suitable for a wide range of commercial uses, including retail, office, or service-based businesses. The interior includes a spacious lobby and reception area, along with several individual offices, previously configured as exam rooms. This adaptable space allows for customization to meet the specific needs of the new tenant. Beyond the calculated square footage, there's additional finished space in the lower level, perfect for storage, a lab, or other supplementary uses. This property's strategic location and high traffic volume make it an attractive opportunity for entrepreneurs and established businesses seeking a prominent Walpole presence. The ample square footage and recent upgrades combine to create a truly exceptional commercial offering.

• CAP approach

  CAP return

  Valuation

  6%

  $482,424

  6.5%

  $445,315

  7%

  $413,507

• Comparable approach

  Method

  Valuation

  Relative Method

  $653,587

  Geo Method

  $653,587

• Alternative Use

  Use

  Valuation

  Residential

  $375,640

  Hospitality

  $344,084

  Educational

  $286,274

  Medical

  $296,119

  Retail

  $445,315

Location Insight

City

Walpole

County

Norfolk

State

Massachusetts

Latitude

42.1341

Longitude

-71.2607

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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