
490 N Main St Randolph — Photo 1 of 3
$2,700,000
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%
34,912
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$110K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
28.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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 Agent: Bernie Hassan
Listing Office: WEICHERT, REALTORS® - Briarwood Real Estate
MLS® Number: 73545073
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