INNOVATE Real Estate
Commercial Sale at 490 N Main St, Randolph MA 02368
Commercial Sale at 490 N Main St, Randolph MA 02368, photo 2 of 3
Commercial Sale at 490 N Main St, Randolph MA 02368, photo 3 of 3
3 photos

$2,700,000

490 N Main St, Randolph MA 02368
Randolph, MA 02368
Listed by Bernie Hassan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

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

MLS
MLS Property Information Network
MLS #
73545073
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
107
On market date
July 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.98 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Elizabeth G Lyons Elementary
0.48 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
304
Student:teacher ratio
12.7:1
District
Randolph
Middle
Randolph Community Middle
1.11 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
632
Student:teacher ratio
12.2:1
District
Randolph
High
Randolph High
0.8 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
604
Student:teacher ratio
11.8:1
District
Randolph

Walkability

Blended score for Randolph's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks5
Schools10
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Randolph, from live MLS data.

On the market 107 days -- 30 more days than Randolph's current average of 77 days.
For reference, the median list price across 137 active listings in Randolph right now is $554,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$16,410/mo
$540,000 down
$2,160,000 loan
Principal & interest$14,010
Property tax (est.)$2,250
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.