Active
65 Days on market
490 N Main St Randolph — Photo 1 of 3

490 N Main St Randolph — Photo 1 of 3

$2,700,000

490 N Main St, Randolph, MA 02368

Randolph, MA 02368

Beds

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Baths

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SqFt

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Style

Other

Built

1920

Investment Opportunity! Great Cash Flow! 35 Commercial Offices on busy Randolph route! Close to everything!!!Here is a rare opportunity to own this elegant, field stone and wood frame, High Queen Ann Style Victorian Mansion (The Belcher Mansion) converted to professional office space and attached professional office building. This 23,000 (+/-) sf office complex, known as The Belcher Professional Center, is the ideal South Shore location for businesses and professionals looking to locate on the route 28 corridor between the I-93 / Route 128 split and Randolph Center. The complex offers distinctive quarters for a business that wants to set itself apart from companies located in the typical cookie-cutter office space. Offices in “The Mansion” make an enterprise stand out as focused on quality and class. This is a great investment opportunity for investors or users.See attachments for Expenses and rent roll!! Cap Rate is 7.9%

Property Details

Financials

Original Price$2,700,000
Annual Taxes$43,782

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

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Building & Exterior

Construction--
Roof--
Foundation--
ZoningBP

Property & Lot

Acres0.98
SqFt Lot42,511
Lot Features--

Geography

Population

34,912

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$110K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

28.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Norfolk County

1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Bernie Hassan

Listing Office: WEICHERT, REALTORS® - Briarwood Real Estate

MLS® Number: 73545073

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