298 Village Street, Medway MA 02053

Medway, MA 02053
$995,000
$875,000
Est. $4,969/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2,558
Sq Ft
$342
Price/Sq Ft
0.29
Acres
1930
Year Built
131
Days on Market
Sale Pending Price Drop -$120,000 Listed Mar 29, 2026 • MLS# 73493305 Copied! • Updated Aug 8, 2026

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About this home

Exceptional opportunity to acquire a fully operational, turnkey auto body repair facility including the real estate, established business, equipment, and client base. Located at 298 Village Street in Medway, this well-positioned property has been home to a long-standing collision repair operation serving the local community for years.Key highlights include:Sale includes business, real estate, equipment, and client listApproximately 2,600 SF building on 0.297 acresEstablished auto body and collision repair operationExisting customer base and insurance relationshipsFully equipped shop for immediate continued operationExcellent opportunity for owner-operator or expansion of existing business

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
12.1%
Price Range

Property Timeline

Pending Sale
Aug 8, 2026
Offer accepted, sale pending
Price Reduced
Jul 16, 2026
$875,000 $20,000 (-2.23%)
From $895,000 to $875,000 (-2.2%)
Price Reduced
Jun 18, 2026
$895,000 $100,000 (-10.05%)
From $995,000 to $895,000 (-10.1%)
🏠
Listed for Sale
Mar 29, 2026
$995,000
Original listing
Agent: Dan Gardner Office: DMG Brokerage, LLC

Tax History

Year Taxes Assessment
2025 $4,139

Financial Details

Annual Property Tax
$4,139
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1930
Living Area 2,558 sq ft
Lot Size 0.29 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $4,139
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Norfolk

Property Overview

Listing Type
Sale Pending
Year Built
1930
Living Area
2,558 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Medway School District local
A-
School Safety 2024-25
1.0% Low
1.0% Suspensions 0.4% In-School
4.5% below state avg
E

Elementary Schools

3 schools
A
Burke/Memorial Elementary School
0.7 mi | #104 of 825 | Score: 59.1
Improved 146 spots from last year
+0.9 above state avg
517 students Moderate
Rising School Strong Attendance
Grades 02-04
John D. McGovern Elementary School
1.1 mi
345 students Moderate
Strong Attendance
Grades PK-01
B-
Stall Brook School
2.2 mi | #454 of 825 | Score: 46.0
Improved 37 spots from last year
-12.3 below state avg
306 students Diverse
Rising School
Grades PK-03
M

Middle Schools

3 schools
A
Medway Middle School
0.8 mi | #68 of 352 | Score: 53.9
Dropped 21 spots from last year
-4.3 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
Franklin Middle School
3.5 mi
1,008 students Moderate
Grades 06-08
A-
Millis Middle School
3.6 mi | #100 of 352 | Score: 49.7
Improved 3 spots from last year
-8.5 below state avg
285 students Moderate
Strong Attendance
Grades 06-08
H

High Schools

3 schools
A-
Medway High School
1.3 mi | #77 of 346 | Score: 63.4
Dropped 36 spots from last year
+5.2 above state avg
585 students Moderate
19 sports • 1,282 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
A-
Tri-County Regional Vocational Technical
3.1 mi | #81 of 346 | Score: 62.8
Improved 57 spots from last year
+4.6 above state avg
992 students Moderate
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
A
Franklin High School
3.3 mi | #57 of 346 | Score: 66.3
Improved 35 spots from last year
+8.1 above state avg
1,379 students Moderate
18 sports • 2,232 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $345
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

298 Village Street, Medway MA 02053

Medway, MA 02053

Listing Information

Listing Agent Dan Gardner
Listing Office DMG Brokerage, LLC
Office Phone 781-591-3232
Agent MLS ID BB954746
Office MLS ID AN1823
Listing Data Updated Aug 8, 2026 7:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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