26 Franklin StEast Bridgewater, MA 02333

  • Commercial land
  • 0.28 AC
For Sale
$499,000 View listing

Property Details for 26 Franklin St

Lot size
0.28 AC
Property type
Commercial land
APN
EBRI M:95 P:1579
APU
EBRIM95P1579

Description

This exceptional commercial property at 26 Franklin Street in East Bridgewater, Massachusetts, presents a unique investment opportunity. The property encompasses a substantial 0.28-acre lot, strategically situated on Route 27, offering excellent visibility and accessibility. The existing building, approved for construction, totals 2,392 square feet and is zoned for both executive office and warehouse use, providing versatility for a range of businesses. This dual-use functionality allows for diverse operational configurations, catering to companies requiring both office space and storage or production areas. The asking price for this prime commercial real estate is $499,000, representing a land value of $1,782,143 per acre, reflecting the significant potential for future appreciation. The property's location in East Bridgewater, Suffolk County, MA, zip code 02333 (latitude 42.0371506, longitude -70.9427914), offers easy access to major transportation routes, enhancing its appeal to a wide range of potential buyers. This is an ideal opportunity to acquire a well-located, versatile commercial property with significant development potential. The approved plans for the 2,392 square foot office/warehouse building provide a solid foundation for immediate occupancy or future expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,308,717
    Hospitality
    $2,114,772
    Educational
    $1,759,466
    Medical
    $1,819,977
    Retail
    $2,736,947
26 Franklin St, East Bridgewater, Massachusetts

Location Insight

City
East Bridgewater
County
Plymouth
State
Massachusetts
Latitude
42.0533
Longitude
-70.9063
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
$2,302
$166,300
-
$166,300
-
-
-
-

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