263 Main St - Freestanding FOR SALE


Acton, MA 01720
$1,850,000 USD
978-502-2276
263 Main St, Acton, MA for Sale
$1,850,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

263 Main St
Acton, MA 01720


HIGHLIGHTS

  • Exceptional Visibility on Hard Corner of Main Street (Route 27) and Massachusetts Ave (Route 111) - 310 ft of Total Corner Frontage
  • Seller Financing or Lease-to-Own Option Available
  • Combined Business and Dwelling Allowed (By Right Under Zoning - No Permit Needed)
  • Dedicated Parking Lot - 12 Surface Parking Spaces (~6 spaces per 1,000 sf)
  • Major Kelley's Corner Road Improvement Project in Final Stages of Completion
  • Building Serviced by Town Water and Sewer

OVERVIEW

This stand-alone retail building and parking lot offers exceptional visibility and vehicular/pedestrian access on the hard corner of Route 27 (Main Street) and Route 111 (Massachusetts Ave.). The building and site consist of 2,200 SF, 1st-floor retail space with 12 dedicated parking spaces (~6 per 1,000sf parking ratio). Another 2,200 sf of space exists on the second floor, and potentially could be permitted for additional retail, storage, office, and/or dwelling use. High traffic counts throughout the day (strong commuter and school family traffic counts). Current zoning and town sewer can support various uses such as retail, office, restaurant, automotive services, convenience store, health / veterinary/dental care, and a combined business/dwelling. The building is currently unoccupied and perfect for an owner-operator. This vibrant commercial district boasts of three major regional shopping centers, which include a new Stop N Shop (across the street), Roche Bros., Home Goods, K-Mart, Not Your Average Joe's, Subway, and CVS. Kelley's Corner attracts affluent, high-income patrons locally and regionally, being a 1/4 mile from Route 2 and 5 miles from Route 495. 1/8 mile from a major regional school complex with about 4,000 full-time enrolled students. Perfect for any youth, family-oriented food, retail, or service (e.g., hair salon, dry-cleaning, test prep, medical/physical therapy) concept. Additional information on income history, annual operating expenses (typically paid by tenant under NNN lease), zoning, traffic counts, and other details on the building is provided upon request.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$841 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Commercial

APN/PARCEL ID

ACTO-000003F-000113

ASK ABOUT THIS PROPERTY

Chris StarrKelley's Corner LLCMore Info
978-502-2276

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Chris StarrKelley's Corner LLCMore Info
978-502-2276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.