258 Main StMedfield, MA 02052

  • Retail space
  • 20,360 SF
For Lease
$360/SF/YR View listing

Property Details for 258 Main St

Year built
1980
Construction
FRAME
Lot size
1.18 AC
Property size (Sq ft)
20,360 SF
Zone code
B
Property type
Retail space
APN
MEDF M:0051 B:0000 L:0060
APU
MEDFM0051B0000L0060

Description

This exceptional 1,246 square foot office space, located at 258 Main Street in Medfield, MA, presents a unique investment opportunity. Situated in a highly desirable, recently renovated plaza, this single-tenant property is ideally suited for retail, specialty, or professional businesses. The space is currently occupied by a tenant vacating in Q1 2025, providing a timely opportunity for a new occupant. The plaza boasts a convenient location next to a high-performing Shaw's Supermarket, Marshalls, and Chipotle, ensuring high foot traffic and visibility. Its prime position at the corner of the plaza, as you enter from Main Street, guarantees maximum exposure. The property benefits from easy access to Route 128/95 interchange, enhancing its appeal to a wide range of businesses and clientele. The plaza itself offers 77 paved common area parking spaces, ensuring ample parking for both tenants and customers. This property is part of a thriving retail corridor serving Sherborn, Dover, Medfield, and Westwood, making it an excellent choice for businesses seeking a strong presence in a busy and affluent area. The building is part of a plaza that includes a mix of retailers, professionals, and service providers, creating a synergistic environment. The property was renovated in 2020, offering modern amenities and a fresh, updated space. The average daily traffic count on Main Street is 15,265 vehicles, further highlighting the significant potential for business growth and success. This is a rare opportunity to secure a prime commercial space in a thriving location.

Location Insight

City
Medfield
County
Norfolk
State
Massachusetts
Latitude
42.1936
Longitude
-71.2903
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
$41,127
$996,600
$1,812,600
$2,809,200
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