Log In/Sign Up
Your email has been sent.
The MacDonald Hotel Rooming House 270 Main St 14,820 SF 100% Leased Retail Building Marlborough, MA 01752 For Sale
INVESTMENT HIGHLIGHTS
- Recent Capital Improvements
- Complementary overnight Parking provided by City of Marlborough
- Great Potential to Increase NOI
EXECUTIVE SUMMARY
Godino & Company, Inc. is pleased to offer for sale The MacDonald Hotel Rooming House, located in the heart of downtown Marlborough at 270 Main Street. This recently upgraded property features 44 units, which include four street-level retail or office spaces, 37 rooming-house units, one studio, and two one-bedroom apartments. The property has maintained a very low vacancy rate for many years and presents an opportunity to increase the Net Operating Income.
Amenities at The MacDonald Hotel include an on-site coin-operated laundry, keyless fob door access, and a sprinkler system. It is conveniently within walking distance of restaurants and shops. The City of Marlborough provides complimentary overnight parking behind the building. Interested parties are encouraged to request additional information and may schedule a property walk-through by appointment.
Amenities at The MacDonald Hotel include an on-site coin-operated laundry, keyless fob door access, and a sprinkler system. It is conveniently within walking distance of restaurants and shops. The City of Marlborough provides complimentary overnight parking behind the building. Interested parties are encouraged to request additional information and may schedule a property walk-through by appointment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,820 SF
Building Class
C
Year Built
1882
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
11’
Building FAR
2.13
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B
Frontage
37’ on Main Street
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MARL-000069-000218 | Improvements Assessment | $685,300 |
| Land Assessment | $244,200 | Total Assessment | $929,500 |
PROPERTY TAXES
Parcel Number
MARL-000069-000218
Land Assessment
$244,200
Improvements Assessment
$685,300
Total Assessment
$929,500
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The MacDonald Hotel Rooming House | 270 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.