MBTA Retail or Redevelopment Opportunity | 433 Main St
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MBTA Retail or Redevelopment Opportunity 433 Main St
2,688 SF 100% Leased Retail Building Wilmington, MA 01887 $795,000 ($296/SF)
Investment Highlights
- .34 Acres - Direct MBTA Access
- Sited at 4 Way Lighted Intersection of Routes 62 & 38
- 24,600 ADT
Executive Summary
Retail or redevelopment opportunity located at the 4 way, lighted intersection of Routes 38 and 62 in Wilmington. This .34 acre site is improved by 2 units each measuring 744 SF and 1,200 SF respectively. Formerly used as a fast food establishment, the site offers central and rapid access to the greater Wilmington trade area as well as the abutting commuter rail station.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,688 SF
Building Class
C
Year Built
1900
Price
$795,000
Price Per SF
$296
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.34 AC
Zoning
CB - Retail Trade
Parking
20 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
159 FT on Main St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | WILM-000042-000000-000000-000022F | Improvements Assessment | $151,600 |
| Land Assessment | $334,400 | Total Assessment | $486,000 |
PROPERTY TAXES
Parcel Number
WILM-000042-000000-000000-000022F
Land Assessment
$334,400
Improvements Assessment
$151,600
Total Assessment
$486,000
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MBTA Retail or Redevelopment Opportunity | 433 Main St
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