263 Main St - Storefront Retail/Residential FOR SALE


Acton, MA 01720
$1,700,000 USD
978-502-2276
263 Main St, Acton, MA for Sale
$1,700,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 11.43% Cap Rate

263 Main St
Acton, MA 01720


HIGHLIGHTS

  • Massive Visibility and Road Frontage: on hard corner of Acton's busiest intersection - Main Street (RT 27) and Mass. Ave. (RT 111).
  • Permits: Town approval for additional 3,300sf for four (4) 2-bed apartments. Office (3,300sf) allowable with Special Permit.
  • Turn-Key Restaurant Site: on town sewer, 1000 gal. grease trap. Kitchen hood installed with ansul system. 3-phase electric. Dedicated parking lot.
  • Centrally Located: Steps away from two Stop N Shop and Roche Brothers and many restaurants, 1/8 mile from AB Regional School Complex (4,000 stud'ts).

OVERVIEW

For Rent or Sale By-Owner Acton, MA - 2,200sf unoccupied retail available. Perfect for Owner-Operator. Development Upside - Permits in hand for 4 loft-style 2-bedroom apartments by-right or 3,300sf of office space by Special Permit. Dedicated 12-Car Parking Lot. Town Sewer. 1,000gal Grease Trap. Near Stores/Schools. Well-suited for owner-operators and youth- or family-oriented concepts such as food service, salon, test prep, medical/PT, or dental. On hard corner of Main Street (Rte. 27) and Mass. Avenue (Rte. 111). Massive visibility and expansive road frontage. Seller financing available. Creative proposals welcome.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$773 USD /SF

CAP RATE

11.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

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

Mixed-use

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.