41 Central StEast Bridgewater, MA 02333

  • Investment properties
  • 2,950 SF
For Sale
$699,000 View listing

Property Details for 41 Central St

Year built
1880
Construction
FRAME
Lot size
0.12 AC
Property size (Sq ft)
2,950 SF
Zone code
100
Property type
Investment properties
Property subtype
Live-work space
APN
EBRI M:61 P:148
APU
EBRIM61P148

Description

This exceptional mixed-use property at 41 Central Street in East Bridgewater, MA, presents a unique investment opportunity. The completely renovated three-story building (2023) offers 1,475 square feet of space, ideally suited for a storefront business on the first floor. Above, two residential units provide a reliable rental income stream. Located in the highly visible East Bridgewater Five Corners, this property boasts excellent street visibility and ample parking both to the side and rear. The building's interior has been entirely updated with new systems, ensuring modern functionality and efficiency. A two-bedroom septic system was recently installed in 2020. The property will be delivered vacant, allowing for immediate occupancy and customization to suit your business needs. This is a turnkey operation, combining the benefits of owning a retail space with the added advantage of rental income from the upper residential units. The property is situated in Plymouth County, MA, zip code 02333. Don't miss this chance to own a thriving business and investment property in a prime downtown location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,723
    6.5%
    $450,206
    7%
    $418,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $385,447
    Geo Method
    $385,447
  • Alternative Use

    Use
    Valuation
    Residential
    $558,255
    Hospitality
    $511,359
    Educational
    $425,445
    Medical
    $440,076
    Retail
    $661,803

Location Insight

City
East Bridgewater
County
Plymouth
State
Massachusetts
Latitude
42.0319
Longitude
-70.9589
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,163
$148,000
$152,800
$300,800
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-
-
-

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