
1280 Main St Hanson — Photo 1 of 5
$999,000
Investment Analysis — 1280 Main St
Hanson, MA 02341
Based on rent reported on the MLS listing, a home in 02341 carries $6,600/mo in gross rent — about a 4.57% cap rate and $45,699/yr in estimated NOI at the $999,000 list price. Adjust every assumption in the calculator below.
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Style
Other
Built
1984
Unique opportunity to own this 11k+ S/F retail/office building situated directly on Rte 27, only .5 mile from the Hanson Commuter Rail station. 3 levels of flexible space currently used for retail, restaurant, office and dance studio. Ample parking with 35+ parking spaces in the front and rear of the building, to support all levels. Lower level accessed from the rear parking lot, while the front foyer entry facing Rte 27 gives access to all floors through a shared foyer. Street level provides amazing retail space. Upper level ideal for offices. Excellent signage, with spaces available for all subdivided areas. Mixture of long term tenants currently in place, with additional vacant spaces available for an owner to operate their own business and allow the other tenants to offset their expenses. Possible opportunity to convert this building for other uses given its close proximity to public transportation. If you're looking for a property that provides you with flexibility for your own business, as well as an opportunity to rent out spaces to meet other small business needs - this is the perfect spot for you. Visibility, access and space. Reach out to discuss how this can meet your needs. Photos coming soon of interior spaces. *Floor plans depict initial layout of floors at construction. Some modifications have taken place with interior walls to adjust space.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Michael B. Guimares Jr.
Listing Office: Conway - Hanover
MLS® Number: 73561658