Multi Family at 400 Main St, Reading
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32 photos

$799,000

400 Main St
Reading, MA 01867
Listed by DNA Realty Group
Bedrooms
2
Bathrooms
1.5
Living area
1,603 sqft
Year built
1963

About this home

Rare opportunity to own a versatile mixed-use property on Main Street in Reading! Live upstairs, run your business downstairs, and build equity under one roof. The street-level commercial space is currently configured as a turnkey salon featuring four styling stations, shampoo sinks, dryers, storage, and a half bath. The flexible layout offers potential for a variety of professional uses, including an esthetician, therapist, accountant, attorney, insurance office, or other small business, subject to applicable approvals. Upstairs, the two-bedroom residence features an open kitchen with a four-seat peninsula, spacious living area, and a primary suite with a walk-in closet, spa-style bath, and private deck overlooking the fenced backyard. Owner-occupants may qualify for conventional financing options with down payments as low as 5%, subject to lender guidelines and property eligibility. Eligible build-out costs may also be financeable depending on the loan program. Whether you're an entrepreneur, professional, or investor, 400 Main Street offers a unique opportunity to combine business, lifestyle, and long-term ownership in a prime Reading location!

Property details

MLS
MLS Property Information Network
MLS #
73591423
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
17
On market date
October 15, 2026
Stories
3
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
4
Lot size
0.06 acres
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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
Joshua Eaton
0.57 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
375
Student:teacher ratio
14.4:1
District
Reading
Middle
Walter S Parker Middle
0.64 mi away · Grades 6-8
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
485
Student:teacher ratio
10.3:1
District
Reading
High
Reading Memorial High
1.03 mi away · Grades 9-12
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
1,135
Student:teacher ratio
12.9:1
District
Reading

Walkability

Blended score for Reading'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).

73
Walkable
out of 100
EPA National Walkability Index
11.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks7
Schools11
Transit stops7
Pharmacies3

Market position

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

On the market 17 days -- 71 fewer days than Reading's current average of 88 days.
For reference, the median list price across 112 active listings in Reading right now is $792,000.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 16 days ago.

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.