Listed by R.W. Holmes Realty Co
$5,100,000
20 N Main St
Details
Property Type Office
Sub Type Executive Office
Square Footage 14,400
Tenancy Multi
Year Built 1984
Stories 3
Acreage 2.197
Zoning Business
Parking Spaces 50 spaces
Parking per 1,000 SqFt 3.47
Office | 14,400 SqFt
Marketing description
For the first time in its existence, R.W. Holmes is pleased to introduce 20 North Main Street to the market for sale. This idyllic property is located directly off Route 27 in the heart of downtown Sherborn.
The 14,400 SF office complex was custom-built in 1984 by renowned Post and Beam craftsman Timberpeg (www.timberpeg.com). The building is currently utilized as a multi-tenant office building, but because of its unique open layout, it could easily be converted to accommodate a single occupant. Existing leases have been intentionally converted to TAW to allow potential users the flexibility to utilize the entire building or take what they need and lease out the remaining space.
Investment highlights
- Construction: wood frame post & beam
- Water & Sewer: private septic and well
- HVAC: wall mounted PTAC units
- Current income: $14,292 monthly, $171,504 annually
- Lease terms: all tenants are taw (tenants at will)
- Taxes: $28,151 FY 2023
- Parking: 50 spaces (3.47/1,000 SF)
Listing Contacts
Listed by R.W. Holmes Realty Co
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