263 Main St 2,200 SF Vacant Retail Building Acton, MA 01720 $2,303,268 CAD ($1,046.94 CAD/SF) 6.73% Cap Rate

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.
Seller Financing is available. Creative proposals such as Rent-to-Own are welcome.
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.