For Sale
$2,900,000

19 Park St Attleboro, MA 02703

Downtown Attleboro Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property, located at 19 Park Street in Attleboro, Massachusetts, presents a compelling redevelopment opportunity. The 44,580 square foot building, constructed in 1938 and renovated in 1980, boasts a prime location in Attleboro's revitalizing downtown area, conveniently situated near the commuter rail. Currently operating at 75% occupancy, the five-story building is zoned for general business use and previously had approvals for conversion into a 23-unit multifamily complex with ground-floor commercial space. This represents a significant opportunity for investors seeking to capitalize on the growing demand for housing and commercial space in this vibrant Massachusetts community. The property is being sold as a package with 44 Park Street, offering an expanded development potential. The asking price is $2,900,000, translating to $65.05 per square foot. With its proximity to the commuter rail, providing easy access to Boston within 40 minutes, and its walkable location near restaurants, shops, and parks, this property offers a unique blend of investment potential and lifestyle appeal. The single building offers significant upside for a savvy investor looking to contribute to Attleboro's ongoing transformation. The property's existing infrastructure and approved plans provide a solid foundation for a swift and efficient redevelopment project.

Highlights

  • Convenient commuter rail access.
  • Redevelopment opportunity: multifamily residential with ground-floor commercial space.
  • Includes adjacent developable parcel.

Property Details for 19 Park St

Property type
Mixed-use properties
Square Feet
44,580 SF
Year Built/Renovated
1938/1980
Buildings
1
Stories
5

Location Insight

City
Attleboro
County
Bristol
State
Massachusetts
Latitude
41.944713433155
Longitude
-71.283513590332

FAQs

What type of property is this?
Mixed-use property - Downtown Attleboro Redevelopment Opportunity
Where is the mixed-use property located?
The property is located at 19 Park St Attleboro, MA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Convenient commuter rail access.; Redevelopment opportunity: multifamily residential with ground-floor commercial space.; Includes adjacent developable parcel.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19 Park St
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