250 Granite StBraintree, MA 02184

Property Details for 250 Granite St

Year built

1978

Construction

STEEL FRAME

Property size (Sq ft)

126,000 SF

Zone code

HBD

Property type

Super regional malls

APN

BRAI M:2089 B:0 L:21

APU

BRAIM2089B0L21

Description

This exceptional 4,344 square foot retail or restaurant space is ideally situated at 250 Granite Street in Braintree, Massachusetts, within the bustling South Shore Plaza area. The entire space is currently vacant, presenting a unique opportunity for a new tenant to establish a prominent presence in a high-traffic location. Previously occupied by a Red Robin restaurant, the property boasts a well-established layout suitable for a variety of food service or retail concepts. The building's prime location within Norfolk County ensures excellent visibility and accessibility for customers. The address, 250 Granite Street, Braintree, MA 02184, offers convenient access to major roadways and ample parking, further enhancing its appeal to both businesses and consumers. The property's size and layout provide significant flexibility for customization to meet the specific needs of a new tenant. This is a rare opportunity to secure a highly visible and well-located commercial space in a thriving retail environment. The property is classified as a single-tenancy building, offering exclusive use of the entire 4,344 square feet. This turnkey space is ready for immediate occupancy, allowing for a swift and efficient transition for the new business. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $30,622,398

  6.5%

  $28,266,830

  7%

  $26,247,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $41,487,164

  Geo Method

  $41,487,164

• Alternative Use

  Use

  Valuation

  Residential

  $23,844,128

  Hospitality

  $21,841,094

  Educational

  $18,171,534

  Medical

  $18,796,480

  Retail

  $28,266,830

Location Insight

City

Braintree

County

Norfolk

State

Massachusetts

Latitude

42.22

Longitude

-71.0227

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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