105 Depot StEaston, MA 02375

Property Details for 105 Depot St

Year built

2012

Lot size

1.47 AC

Property size (Sq ft)

3,158 SF

Property type

Commercial real estate

APN

EAST M:0037U B:0001 L:0000

APU

EASTM0037UB0001L0000

Description

This exceptional investment opportunity presents a thriving car wash and a fully occupied, two-story office building in Easton, Massachusetts. The property boasts a total of 10,000 square feet, encompassing two buildings: a well-established car wash and a 6,000 square foot office building currently housing eight separate units. The office building, completely renovated in 2020, enjoys a strong tenant base with automatic monthly subscriptions, ensuring consistent income. The car wash business is also included in the sale, offering a turnkey operation with existing clientele. This Class A property operates under a triple-net (NNN) lease structure, minimizing landlord responsibilities. The asking price is $2,675,000, representing an attractive 8.00% cap rate with a current Net Operating Income (NOI) of $280,000. Detailed financial statements and profit and loss information are available upon request, providing comprehensive insight into the property's financial performance. Located at 105 Depot St, Easton, MA 02375, this stabilized investment offers a compelling blend of established income streams and significant growth potential. The property's prime location in Bristol County, Massachusetts, further enhances its appeal. This is a rare opportunity to acquire a high-performing, diversified commercial property with a strong track record of success.

• Alternative Use

  Use

  Valuation

  Residential

  $597,617

  Hospitality

  $547,414

  Educational

  $455,442

  Medical

  $471,105

  Retail

  $708,465

Location Insight

City

South Easton

County

Bristol

State

Massachusetts

Latitude

42.0428

Longitude

-71.0768

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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