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241 Main St
Townsend, MA 01469
Townsend MA Mixed-Use Property 10 Units · Office Property For Sale


Investment Highlights
- 12,000 SF Mixed-Use Building / 10 Units: Comprised of 6 residential units and 4 commercial spaces, offering diversified income streams.
- Unit Mix: 4 two-bedroom units, 2 one-bedroom units, and 4 Commercial Spaces
- Elevator Access: Serves all floors, providing accessibility for tenants.
- New Residential Construction (2024): Updated units with modern systems, including mini-split heating and cooling.
- Central Townsend Location: Positioned in the town center with access to local amenities and services.
- On-Site Parking & Laundry: Off-street parking and shared laundry facility add tenant convenience.
Executive Summary
Property Description
This mixed-use property in Townsend, MA consists of 10 total units, including 6 residential units (4 two-bedroom and 2 one-bedroom) and 4 commercial spaces, offering a combination of residential and commercial income. The 12,000 SF building is fully sprinklered and includes elevator access to all floors, supporting tenant accessibility and building safety. The residential units were constructed in 2024 and feature mini-split heating and cooling systems in each unit. Additional property features include on-site off-street parking and a shared laundry facility, providing convenience for both residential and commercial tenants. The property’s central location within Townsend supports access to local amenities and services, making it a functional mixed-use investment opportunity.
Location Description
241 Main Street is a multifamily investment opportunity located in Townsend, a scenic and predominantly residential community in northern Middlesex County near the New Hampshire border. Situated along Main Street, the property benefits from convenient access to local amenities, community services, and regional transportation routes while maintaining the small-town character that attracts long-term residents. Townsend is known for its rural charm, strong sense of community, and attractive natural surroundings. The town offers residents access to parks, conservation areas, and recreational opportunities while remaining connected to larger employment centers throughout the Nashua, Lowell, and Greater Boston metropolitan areas. Its location provides a balance between suburban convenience and a quieter residential lifestyle, supporting steady demand for rental housing. The surrounding neighborhood consists primarily of residential properties, local businesses, schools, and municipal services, creating a stable environment with broad tenant appeal. Proximity to Route 119 and Route 13 allows residents to access nearby communities and employment hubs throughout North Central Massachusetts and Southern New Hampshire, further enhancing the property's accessibility and marketability. Overall, 241 Main Street presents an opportunity for investors seeking a multifamily asset in a stable suburbanrural market with consistent residential demand, strong community fundamentals, and long-term appreciation potential supported by its strategic location within the northern Middlesex County region.
This mixed-use property in Townsend, MA consists of 10 total units, including 6 residential units (4 two-bedroom and 2 one-bedroom) and 4 commercial spaces, offering a combination of residential and commercial income. The 12,000 SF building is fully sprinklered and includes elevator access to all floors, supporting tenant accessibility and building safety. The residential units were constructed in 2024 and feature mini-split heating and cooling systems in each unit. Additional property features include on-site off-street parking and a shared laundry facility, providing convenience for both residential and commercial tenants. The property’s central location within Townsend supports access to local amenities and services, making it a functional mixed-use investment opportunity.
Location Description
241 Main Street is a multifamily investment opportunity located in Townsend, a scenic and predominantly residential community in northern Middlesex County near the New Hampshire border. Situated along Main Street, the property benefits from convenient access to local amenities, community services, and regional transportation routes while maintaining the small-town character that attracts long-term residents. Townsend is known for its rural charm, strong sense of community, and attractive natural surroundings. The town offers residents access to parks, conservation areas, and recreational opportunities while remaining connected to larger employment centers throughout the Nashua, Lowell, and Greater Boston metropolitan areas. Its location provides a balance between suburban convenience and a quieter residential lifestyle, supporting steady demand for rental housing. The surrounding neighborhood consists primarily of residential properties, local businesses, schools, and municipal services, creating a stable environment with broad tenant appeal. Proximity to Route 119 and Route 13 allows residents to access nearby communities and employment hubs throughout North Central Massachusetts and Southern New Hampshire, further enhancing the property's accessibility and marketability. Overall, 241 Main Street presents an opportunity for investors seeking a multifamily asset in a stable suburbanrural market with consistent residential demand, strong community fundamentals, and long-term appreciation potential supported by its strategic location within the northern Middlesex County region.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
11,000 SF
Building Class
C
Year Built
1989
Price
$1,987,860 CAD
Price Per SF
$180.71 CAD
Cap Rate
6.90%
NOI
$137,129 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,667 SF
Building FAR
0.46
Lot Size
0.55 AC
Zoning
DCD - Multi use
Parking
34 Spaces (3.09 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | TOWN-000051-000094 | Improvements Assessment | $839,871 CAD |
| Land Assessment | $126,087 CAD | Total Assessment | $965,958 CAD |
Property Taxes
Parcel Number
TOWN-000051-000094
Land Assessment
$126,087 CAD
Improvements Assessment
$839,871 CAD
Total Assessment
$965,958 CAD
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