1221 Main StWeymouth, MA 02190
- Medical offices
- 34,420 SF
Property Details for 1221 Main St
- Year built
- 1987
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.50 AC
- Property size (Sq ft)
- 34,420 SF
- Zone code
- 100
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- WEYM M:53 B:593 L:004
- APU
- WEYMM53B593L004
Description
1221 Main Street, Weymouth, MA offers 12,392 square feet of immediately available office space in a four-story, 34,000 square foot building. This multi-tenant property, built in 1987, features flexible floor plans ranging from 850 to 5,310 contiguous square feet, perfect for executive, medical, traditional, or creative office uses. The building includes 127 parking spaces and elevators, situated on a 1.5-acre lot with convenient access to Route 3 and Route 128. Located in the Route 3 Corridor submarket of Norfolk County, this Weymouth location boasts high visibility on widened Route 18, experiencing over 30,000 vehicles per day. Its proximity to South Shore Hospital, Union Point, and the South Weymouth MBTA Commuter Rail Station (25 minutes from downtown Boston) makes it an exceptionally desirable location. The property is zoned 100 and offers the potential for build-to-suit options. This is a rare opportunity to secure high-quality office space in a thriving South Shore location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,690,654
- 6.5%
- $5,252,912
- 7%
- $4,877,704
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,497,317
- Geo Method
- $4,497,317
-
Alternative Use
- Use
- Valuation
- Residential
- $6,513,610
- Hospitality
- $5,966,432
- Educational
- $4,964,002
- Medical
- $5,134,721
- Retail
- $7,721,780
Location Insight
- City
- Weymouth
- County
- Norfolk
- State
- Massachusetts
- Latitude
- 42.1626
- Longitude
- -70.9559
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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